Sekunjalo Investment Holdings chairman Dr Iqbal Survé has told Parliament that the PIC has failed to invest in black businesses, having funded just over 1% of black-owned companies.
Boas Seruwe says he will be approaching the Labour Court over his dismissal as the CEO of the state-owned chicken producer, as he did not face a disciplinary hearing.
Sekunjalo Group slams Mpati PIC investigation for âunfoundedâ allegations
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Cape Town - Sekunjalo Investment Holdings has slammed sections of the Mpati Commission report which implied improper conduct by the group despite no adverse findings or evidence being presented to support this.
The Mpati report was released last year following an investigation into the business practises at the Public Investment Corporation (PIC).
The Sekunjalo group believes there were numerous unfounded statements made in the report which has negatively painted the group and its companies.
In a presentation to Parliament s standing committee on finance, advocate Wallace Mgoqi put a case on various statements made in the report which have left allegations hanging against the Sekunjalo group.
If environmental, social and governance issues were water-cooler topics five years ago during analyst lunches, we’d be further ahead, says Nolwandle Mthombeni.