PIC boss under fire & why the Rand is gaining strength – The Money Show Explainer

Oct 10, 2025

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Stephen Grootes speaks to Carol Paton, Editor-at-Large at Fin24, about why tensions are rising inside the Public Investment Corporation, where internal divisions and clashes over investment strategy have put the asset manager’s investment head in the spotlight, raising fresh questions about governance at the custodian of more than R2.5 trillion in public funds.

In other interviews, André Cellier, Director and Currency Risk Strategist at Treasury One, explains why the rand is showing surprising strength lately.

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.

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