
Nosiphiwo Balfour
Nosiphiwo Balfour is a non-executive director who, like her colleague Thabi Nkosi, resigned from the Public Investment Corporation (PIC) board following the board's decision to suspend CEO Patrick Dlamini. She has been with the board for about eight months, and her resignation reflects the turmoil currently facing the organization as it navigates leadership changes and an investigation.
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Nosiphiwo Balfour is one of the directors who resigned from the PIC board.
PIC crisis escalates as whistleblower accuses Godongwana of board interferenceMail & Guardian·
South Africa· 2026-07-21
Nosiphiwo Balfour also resigned from the PIC board shortly after Dlamini’s suspension.
PIC appoints Batandwa Damoyi as acting CEO as board resignations deepen turmoilMail & Guardian·
South Africa· 2026-07-15
Nosiphiwo Balfour also resigned from the PIC board after eight months of service.
Two PIC directors resign days after CEO’s suspensionMail & Guardian·
South Africa· 2026-07-15








