Cosatu urges Mboweni to ‘move with speed’ and appoint new PIC board

The trade union federation Cosatu has urged minister of finance Tito Mboweni to accept the letter of resignation by the board of the Public Investment Corporation (PIC) and to “move with speed” to appoint a new board. The PIC board reportedly submitted a letter to Mboweni on Friday asking to be relieved of its duties.

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