Fear and distrust ‘nothing new’ among PIC employees | Business | M&G

The climate of fear and distrust in the corridors of the Public Investment Corporation has a long and chequered history.

He relayed how the PIC commissioned a Deloitte climate survey of the working conditions in an effort to deal with the “mounting tension” in the sub-committees and executive committees. About 134 staff members were interviewed in the survey. The Innovation Lab sessions, which were received well by employees, were short lived but terminated permanently as “some [executive committee] members were not happy with the energy that was unleashed” in these sessions.

“There was a scope restriction on the investments portion of the PIC because they were not able to set up meetings with the investments team, which was a problem for the exercise as Dr Dan Matjila did not meet with KPMG, not once,” Jack explained.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Public Investment Corporation unfairly criticised for its role in BEEThe Pubic Investment Corporation (PIC) has come under much criticism for its role in Black Economic Empowerment, but such criticism lacks appreciation of how positive this has been
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

WATCH: PIC Hearings - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Public Investment Corporation (PIC) has been given until the 13th of March to recover the capital investment of R4.3 billion made to Ayo Technology Solutions.
Fuente: SABC News Online - 🏆 32. / 51 Leer más »