The finance ministry was rapped over the knuckles by parliament’s finance committee on Wednesday for its no-show at an important meeting to discuss the implementation of the recommendations of a commission of inquiry into the Public Investment Corporation , Africa’s largest asset manager.
The PIC manages just under R2-trillion in assets on behalf of the Government Employees Pension Fund , the Unemployment Insurance Fund and the Compensation Fund...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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