PIC’s working environment a concern since 2013, inquiry hears

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PIC’s working environment a concern since 2013, inquiry hears
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There was a culture of fear, including blame-shifting and poor decision-making, said former board member Vuyo Jack in his testimony

Former Public Investment Corporation CEO Daniel Matjila. Picture: SUNDAY TIMES

The climate survey was established to assess the working conditions at the PIC through a series of staff interviews. “But some exco members were not happy with the energy that was unleashed as a result of these sessions. As a consequence, the sessions were permanently terminated without credible motivation given to myself and the board,” says Jack.

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