PIC lost over R100bn when Zuma fired Nene - CEO

May 10 2016 13:14 

Liesl Peyper

Cape Town - The funds that invest money with the Public Investment Corporation (PIC) lost more than R100bn when President Jacob Zuma fired former finance minister Nhlanhla Nene on 9 December 2015, said Daniel Matjila, CEO of the organisation. 

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