AFRICA’S BIGGEST FUND MANAGER IN TROUBLE WATERS

AFRICA’S BIGGEST FUND MANAGER IN TROUBLE WATERS

Board members of Africa’s Biggest Fund manager has resigned following allegations of dubious investments. Public Investment Corporation, is a South African based fund manager with more than US $150 billion. The state-owned entity  has come under scrutiny following allegations of wrong doing. These allegations have forced board members of the company to resign from their position. More so, the company suspended some employees. The former chief executive officer, Mr. Daniel Matjila has denied any wrong…

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