Mboweni has received preliminary report on PIC

Finance Minister Tito Mboweni on Tuesday said he had received a preliminary report on the Public Investment Corporation (PIC), suggesting this would hasten the start date of an inquiry announced by President Cyril Ramaphosa in August. "A preliminary report on the PIC was given to me by the deputy minister yesterday and that report does give some indication of what needs to be done,"  Mboweni told Parliament’s standing committee on finance.