Finance ministry no-show slammed by MPs

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 11%
  • Publisher: 63%

Neither the finance minister nor his deputy appeared before a finance committee meeting to deal with the Mpati commission report on the PIC

South Africa Latest News, South Africa Headlines

The finance ministry was rapped over the knuckles by parliament’s finance committee on Wednesday for its no-show at an important meeting to discuss the implementation of the recommendations of a commission of inquiry into the Public Investment Corporation , Africa’s largest asset manager.

The PIC manages just under R2-trillion in assets on behalf of the Government Employees Pension Fund , the Unemployment Insurance Fund and the Compensation Fund...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.