PUBLIC INVESTMENT CORPORATION: High court orders PIC board to reinstate CEO Patrick Dlamini

It came as no surprise when the decision by the previous Public Investment Corporation board to suspend embattled Ceo Patrick Dlamini was overturned with costs.

[Daily Maverick] An October 2025 update letter to the Government Employees' Pension Fund sought permission to pay, and explained that the Public Investment Corporation had been ordered to pay, Acapulco R411m (plus costs). It was signed by CEO Patrick Dlamini, two months before commissioning PwC to do a forensic investi