​Holomisa: BEE not worth risking state worker pensions

March 22, 2019

M&G / 20 MARCH 2019 - 15.35 / TEBOGO TSHWANE



Bantu Holomisa, the leader of the United Democratic Movement, has called for the suspension of all unlisted investments at the Public Investment Corporation (PIC) with immediate effect pending the conclusion of the commission of inquiry into the state asset manager.


Holomisa was making his submission before the Mpati commission where he suggested that the commission — which is looking into allegations of impropriety at the corporation — should proactively investigate the PIC’s unlisted investments in order to determine if they are above board and generating adequate returns.