On Sept 30th, NERSA called for a pricing methodology review and discarded the so-called MYPD 5 revenue application of Eskom.
The Public Investment Corporation’s deals in recent years are firmly under the spotlight as a crisis unravels at the money manager.
The institution responsible for government worker pension funds has been “destabilised” by a series of claims, including against at least four board members.
Deputy Minister of Finance Mondli Gungubele says he did nothing wrong despite PIC whistle-blower claims.
The PIC would be better off without the country’s deputy finance minister chairing its board because it inadvertently exposes the continent’s biggest money manager to the perception of political interference.