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Masondo claims PIC board never received key legal opinion

Former Public Investment Corporation (PIC) board chairperson David Masondo has alleged that chief executive Patrick Dlamini failed to provide the board with a key legal opinion on the contentious Lanseria Airport transaction, raising fresh questions about whether directors had access to all the information required to exercise oversight during the institution's governance crisis.

Masondo claims PIC board never received key legal opinion

We haven't written up this one. Mail and Guardian has the full story — the link below goes straight to it.

Read the original at mg.co.za →

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For Citi, the deterioration in delinquencies is far from over

O aumento da inadimplência no Brasil é generalizado – e o ciclo de deterioração está longe de terminar, o Citi disse num relatório enviado hoje a clientes.

  • Citi warns Brazil's delinquency problem worsening, not yet over
  • Credit-to-GDP ratio increased from 46% to 56% in 2023
  • M2 money supply rose from 40% to 58% of GDP this year

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