Nhlanhla Nene sets out shape of probe into PIC
(World News South Africa)

Finance minister Nhlanhla Nene has given a first indication of the shape the independent investigation into the Public Investment Corporation (PIC) will take, saying that it will look into its governance arrangements and founding legislation. His announcement indicates that the terms of reference will be narrowly defined and the investigation will not probe specific transactions. Nene announced in July that he...