PIC CEO and CIO suspended amid probe & ITAC keeps frozen vegetable import tariff unchanged

PIC CEO and CIO suspended amid probe & ITAC keeps frozen vegetable import tariff unchanged

July 14, 2026 · 1h 22m

About this episode

The episode discusses the suspension of PIC CEO Patrick Dlamini amid allegations and the unchanged import tariff on frozen vegetables by ITAC.

Stephen Grootes speaks to Frans Baleni, Chair of the Government Employees Pension Fund, about the Public Investment Corporation’s decision to place CEO Patrick Dlamini on precautionary suspension amid whistleblower allegations, and what the latest leadership turmoil means for governance and accountability at the R3.6 trillion fund. In other interviews, Ayabonga Cawe, Chief Commissioner of the International Trade Administration Commission (ITAC) talks about the Commission's decision to keep the import duty on frozen mixed vegetables unchanged at 10% despite calls from local producers for a sharp increase in tariffs. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.     Thank you for listening to a podcast from The Money Show     Listen live Primedia+ weekdays…

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