The date by which the commission of inquiry into Public Investment Corp. must submit its final report was moved to July 31 from April 15, the commission said in a statement posted on its Twitter account on Saturday. The commission, whose mandate was also broadened, is still probing a “considerable number of transactions” and hearing testimony from former and current employees into allegations of wrongdoing.
The South African manager of more than 2 trillion rand in government workers’ pension funds has been wracked by allegations of making questionable investments. Ramaphosa set up the commission in October after a whistle-blower said there was wrongdoing. PIC’s nine directors, including Chairman Mondli Gungubele, who is also deputy finance minister, resigned in February and acting Chief Executive Officer Matshepo More was suspended on March. 27.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Business Maverick: South Africa Names Ex-Alexander Forbes CEO to Rebuild Tax AgencSouth African President Cyril Ramaphosa appointed Edward Kieswetter, a former chief executive office of insurer Alexander Forbes Group Holdings Ltd., as the head of the nation’s tax agency.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business Maverick: South Africa Holds Key Rate as It Cuts GDP GrowthHigher power, food and fuel prices will likely crimp household spending and limit prospects for stronger economic growth, resulting in the South African Reserve Bank having to hold the nation’s key interest rate for the rest of the year.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business: Economists Split on South Africa Avoiding Moody’s Negative CutSouth Africa may just be able to cling onto the stable outlook of its sole investment-grade rating this week, helping it stay clear of a forced selloff of billions of rand of its debt.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Meet South Africa, the business destinationSPONSORED | SA_NCB Beyond the tourism-worthy features, the hosts of business events and the millions of delegates who have visited SA over the years have experienced another aspect – its appeal as a business destination. Read more.
Fuente: BDliveSA - 🏆 12. / 63 Leer más »
Motsepe urges business to help counter effects of natural disasters in AfricaPatrice Motsepe and his wife Precious Moloi-Motsepe carried cheques for R30 million, R15 million each for Mozambique and Zimbabwe when they joined the humanitarian caravan to Beira and Harare on Thursday.
Fuente: ewnupdates - 🏆 30. / 53 Leer más »