Leadership under fire as PIC suspends CEO Patrick Dlamini amid governance whistleblower storm

Daily Maverick | 14.07.2026 06:27
The country’s largest asset manager, the Public Investment Corporation (PIC), has placed chief executive Patrick Dlamini on precautionary suspension pending an independent investigation into whistleblower allegations against him, marking a dramatic escalation of the governance crisis that has engulfed South Africa’s state asset manager over the past month.