LGE 2026 | PIC intervention aimed at strengthening governance: Ramaphosa

ANC President Cyril Ramaphosa says the government’s intervention at the Public Investment Corporation (PIC) is aimed at strengthening governance and ensuring stability at the state asset manager.

The comments follow changes to the PIC board, including the appointment of the Deputy Minister in the Presidency for Planning, Monitoring and Evaluation Seiso Mohai as the new chairperson.

Ramaphosa was on a campaign trail in Emalahleni, Mpumalanga, ahead of the Local Government Elections in November.

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