Ayo Technology Solutions

Will Independent sink with Survé?

About 1 500 media workers may lose their jobs if Iqbal Survé cannot service his companies’ debts

Dennis George ‘shocked’ in the wake of Fedusa sacking

The federation’s former general secretary has been implicated in a dodgy Ayo listing deal which he claims is a ‘deliberate misrepresentation’

Adjusted Ayo finacial statements being audited, PIC inquiry hears

The ICT company has denied wrongdoing, however, the JSE has ordered an audit of the financial statements

Boards can’t simply quit en masse

Any decision by directors to leave as a bloc has consequences that go beyond issues of liability

Ayo financial tampered with on Survé’s instruction, says ex-chief exec

​Former AYO Technology Solutions CEO, Kevin Hardy, has testified that businessperson Iqbal Survé interfered in the running of the technology company

Survé set to testify at PIC inquiry

Survé is expected to testify after Kuben Naidoo, the deputy governor of the South Africa Reserve Bank

PIC commission to continue as key Ayo repayment court order expected

Key judgement affecting Surve-linked Ayo is set to be handed down on Monday, as PIC witness identities kept under wraps due to safety concerns

PIC given more time to recoup R4.3-bn Ayo investment

The CIPC has agreed on an extension of the time limit of that notice from 15 days to 60 days

Sagarmatha offered PIC cut-price deal, inquiry hears

When asked whether this was ethical, Lebogang Molebatsi said, unless the arrangement was disclosed to other shareholders, “it would not be correct”.

How PIC officials managed ‘forced’ exposure to Survé deals

Investment team member testifies about Ayo and Sagarmatha transactions as having come from CEO Matjila

PIC liquidated stocks to finance R4.3bn Ayo investment

Former chief executive Dan Matjila is alleged to have instructed the liquidation of stocks to settle the subscription of Ayo shares

PIC going after R4.3-billion paid to Ayo

The Public Investment Corporation (PIC) has distanced itself from any notion that it is working with Ayo Technology Solutions

Latest

Tshwane water woes in court again

The municipality has been accused of deliberately derailing the contract to sort out toxic water crisis in Hammanskraal

Life in lockdown: Behind closed doors keeping out the coronavirus

South African students in China are staying behind closed doors due to the coronavirus outbreak

Apartheid criminals still at large

Corporations and banks that aided the apartheid regime have not been brought to book, so they continue to act with impunity

Press Releases

Response to the report of the independent assessors

VUT welcomes the publishing of the report of the independent assessors to investigate concerns of poor governance, leadership, management, corruption and fraud at the university.

NWU student receives international award

Carol-Mari Schulz received the Bachelor of Health Sciences in Occupational Hygiene Top Achiever Award.

Academic programme resumes at all campuses

Lectures, practicals, seminars and tutorials will all resume today as per specific academic timetables.

Strategic social investments are a catalyst for social progress

Barloworld Mbewu enables beneficiaries to move away from dependence on grant funding

We all have a part to play to make South Africa work

Powering societal progress demands partnerships between all stakeholders

So you want to be a social entrepreneur?

Do the research first; it will save money and time later

Social entrepreneurship means business

Enterprises with a cause at their core might be exactly what our economy desperately needs

Looking inwards

Businesses are finding tangible ways to give back – but only because consumers demand it