RON DERBY: Matjila should have stepped aside for the sake of the PIC
When Dan Matjila walks into a room, I suspect that the Public Investment Corp CEO usually believes he is the smartest man present, or at least that he is the most powerful, given the more than R2-trillion in assets of which he is a custodian. The problem with that is that I don't think there's anyone who can tell "Dr Dan" that his time at the helm of the institution has long come to an end and what we are now witnessing are the dying embers. When your boss has to institute a commission of inquiry into how you are doing your job, there's a bigger message. So when Matjila penned his open letter this week, I was hoping he had finally read the tea leaves or that at the very least someone else had and he was choosing to bow out. His tale would have been another tragic story of a public servant, of which there are many, who fell victim to the malfeasance of the administration of former president Jacob Zuma. When former finance minister Malusi Gigaba was seemingly hell-bent on removing him...
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