Dossier
David Masondo
Coverage of David Masondo in the Nexus archive.
- Africa's biggest fund manager is caught up in an escalating crisis
South Africa’s finance minister is preparing to dissolve the board of the Public Investment Corporation (PIC) and remove his deputy, following a governance crisis triggered by the suspension of PIC’s CEO Patrick Dlamini over a flawed $24 million private equity deal. The situation has sparked internal conflict, board resignations, and a political debate over interference in the state-owned fund.