Finance Committee to respect separation of powers over PIC matter
In a statement, Godongwana says he will provide further detailed information to the public and all stakeholders once consultations are completed and a new board is appointed, adding that the PIC plays a vital role in the economy and any instability in the institution poses systemic risk to the economy.
Finance Minister Enoch Godongwana says he will, in consultation with the Cabinet, appoint a new board.
He says Godongwana will account to the committee after the completion of the appointment of the new board.
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