Thabiso Tema, POWER BREAKFAST host, speaks to Bantu Holomisa, Deputy Minister of Defence and Military Veterans and President of the United Democratic Movement (UDM), about how the UDM has warned that South Africa’s Public Investment Corporation (PIC) — which manages over R3.5 trillion in public servants’ pension funds — is facing severe governance failures, political interference, and financial mismanagement that could result in catastrophic losses.

<p>Thabiso Tema, POWER BREAKFAST host, speaks to Bantu Holomisa, Deputy Minister of Defence and Military Veterans and President of the United Democratic Movement (UDM), about how the UDM has warned that South Africa&rsquo;s Public Investment Corporation (PIC) &mdash; which manages over R3.5 trillion in public servants&rsquo; pension funds &mdash; is facing severe governance failures, political interference, and financial mismanagement that could result in catastrophic losses.</p>

POWER Breakfast is a fast-paced three-hour news and current affairs show, alternating between the latest breaking news, political coverage, analysis, sport, market reports, weather and all your calls. Whether you’re in business, the public service or just want to stay informed, tune in as Thabiso TT Tema connects you to your world.

<p>POWER Breakfast is a fast-paced three-hour news and current affairs show, alternating between the latest breaking news, political coverage, analysis, sport, market reports, weather and all your calls. Whether you&rsquo;re in business, the public service or just want to stay informed, tune in as Thabiso TT Tema connects you to your world.</p>