Ramaphosa says there is no crisis at the PIC, emphasising that it needs to be safeguarded [SOUND]

# President Cyril Ramaphosa says government acted swiftly to deal with the governance challenges at the Public Investment Corporation, but there is no crisis. The PIC has a new board led by deputy minister in the Presidency for Planning, Monitoring and Evaluation, Seiso Mohai. CEO Patrick Dlamini is currently suspended. Speaking on the sidelines of the ANC’s voter registration drive in Emalahleni, Mpumalanga yesterday, Ramaphosa emphasised that the PIC is an important institution that needs to be safeguarded: