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South African court orders reinstatement of state asset manager’s CEO

South African court orders reinstatement of state asset manager’s CEO
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JOHANNESBURG (Reuters) – A South African court on Tuesday declared invalid the suspension of Public Investment Corporation (PIC) Chief Executive Patrick Dlamini by the board, ordering his reinstatement at the helm of the embattled state asset manager. The PIC manages more than 3 trillion rand ($183 billion) in assets and is the biggest investor on the Johannesburg […]

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