Acupulco Trade and Invest 164
Tracked across 2 events · 15 articles · First seen Jul 14, 2026 · Last active Jul 24, 2026
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Business
David Masondo resigned as chair of the Public Investment Corporation (PIC) on July 23, 2026, ahead of a shareholder meeting called by Finance Minister Enoch Godongwana expected to remove him and remaining non-executive directors. The…
Impact: Acapulco is at the center of the R411 million payment controversy that led to the governance crisis at PIC.
Jul 23, 2026 · 6 articles
Regulatory
The United Kingdom — Financial Conduct Authority (FSCA) has launched a formal investigation into the Public Investment Corporation (PIC) under Section 135 of the Financial Sector Regulation Act, citing growing concerns about governance, leadership stability,…
Impact: Acupulco received a R411 million settlement from the PIC after arbitration over the Lanseria investment.
Jul 14, 2026 · 9 articles
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