Ramaphosa moved the Public Investment Corporation from the purview of the National Treasury to the Presidency and appointed a replacement for David Masondo.
1 report, 1 independent
Updated Aug 1
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What happened
Ramaphosa moved the Public Investment Corporation from the purview of the National Treasury to the Presidency and appointed a replacement for David Masondo.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The National Treasury supported governance restoration and drove reforms of the Public Investment Corporation, while a court judgment invalidated a suspension.Sub-event
Ramaphosa moves PIC from Treasury to Presidency; replacement appointed for Masondo.1 source
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The entities involved
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Cyril Ramaphosa
President of South Africa since 2018
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Public Investment Corporation
South African state-owned asset management firm
Nothing else this week.
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National Treasury
treasury of South Africa