South Africa’s financial industry watchdog, the Financial Sector Conduct Authority (FSCA), has launched an investigation into the Public Investment Corporation (PIC). Trade unions, business organizations and political parties have also voiced concern about mounting allegations of governance failures at the state-owned Public Investment Corporation (PIC), following the suspension of its CEO.

GUEST: Claude Naiker, Assistant General Manager at the Public Servants Association

<p>South Africa&rsquo;s financial industry watchdog, the Financial Sector Conduct Authority (FSCA), has launched an investigation into the Public Investment Corporation (PIC). Trade unions, business organizations and political parties have also voiced concern about mounting allegations of governance failures at the state-owned Public Investment Corporation (PIC), following the suspension of its CEO.</p>
<p>GUEST: Claude Naiker, Assistant General Manager at the Public Servants Association</p>

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