The Public Investment Corporations, the PIC, is an important and strategic institution as it deploys more than R2 trillion into the mainstream economy, which is important for South Africa and the rest of the continent.
First and foremost, the decisions of the PIC must at all times bene?t workers whose money is managed through Government Employees Pension Fund.
One of the misconceptions which we must disabuse ourselves of is from the narrative that we want to paint the PIC as a corrupt ridden asset management company, an attempt to undermine the achievements of Africa's largest asset manager under African leadership, however,