IT group AYO says it will submit annual report before JSE deadline

2020-01-02 13:08

The Johannesburg Stock Exchange says that three listed companies may be suspended if they do not submit their annual reports by the end of January.

PIC Commission meets deadline to submit final report to Ramaphosa

2019-12-18 15:30

Ramaphosa appointed the commission in October 2018 to investigate allegations of irregularities at the state-run asset manager.

Dr Dan and Dr Survé mistreat the PIC

2019-11-25 06:00

The perfidy of the two doctors – Dan Matjila and Iqbal Survé – is emerging from a matrix of court documents, evidence at the inquiry into the Public Investment Corporation and other information obtained by amaBhungane.

PIC mulls submitting application to liquidate Survé's Sekunjalo over debt, MPs hear

2019-10-15 16:26

The state asset manager was updating MPs about plans to recoup investments and loans.

Judge rubbishes Survé's claim that he is Gordhan's pal

2019-10-11 17:00

A Western Cape High Court judge has taken the unusual step of making a public statement to deny a claim made by businessman Iqbal Survé that he is a friend of the DA and Minister of Public Enterprises Pravin Gordhan.

Survé blames 'dark forces' for office raid

2019-10-09 21:36

Iqbal Survé has alleged a conflict of interest on the part of financial regulator the FSCA.

Ex-PIC head says he would have called extraordinary GM to 'remedy' R4.3bn AYO investment

2019-08-12 17:45

Dan Matjila has testified that he would have called an extraordinary general meeting to "remedy" problems at JSE-listed IT group AYO Technology Solutions if he were still head of the PIC.

Iqbal and friends

2019-07-05 06:45

Iqbal Survé’s businesses seem uncomfortably incestuous, given that the Financial Sector Conduct Authority is investigating possible share manipulation at all three of his listed companies. amaBhungane's Dewald van Rensburg unpacks the potential red flags.

Reviewed AYO interim results show dip in profit after tax

2019-06-03 22:51

AYO Technologies says its interim financial statement for the year ended February 28 show that profit after tax decreased, after the company was ordered by the JSE to conduct a review of its earnings.

AYO decries 'trial by media' as it takes PIC to court

2019-05-30 21:30

AYO chair Wallace Mgoqi said through the statement that the company was innocent of all allegations leveled against it during the commission.

 

AEEI expects results may vary by 20% or more compared to prior period

2019-12-18 19:55

African Equity Empowerment Investments expects that its financial results for the period to be reported on next will vary by 20% or more when compared to those of the prior reporting period.

Fedusa, Dennis George reach settlement after controversial Ayo investment

2019-12-06 16:23

A settlement has been reached between the the Federation of Unions of South Africa and its former general secretary Dennis George at the CCMA.

Ferial Haffajee: Iqbal Survé and how not to lead

2019-11-17 09:28

The book Paper Tiger by Alide Dasnois and Chris Whitfield paints an alarming portrait of the head of Sekunjalo Independent Media, writes Ferial Haffajee.

Survé: I have evidence Gordhan was involved in raid – but I'll bring it out later

2019-10-12 14:08

Dr Iqbal Survé is blaming Pravin Gordhan for the raid on his office.

Financial regulator denies its head has conflict of interest in Iqbal Survé raid

2019-10-10 18:49

The FSCA on Wednesday raided the Cape Town offices of Survé to collect evidence for a market abuse case.

Analysis: Iqbal Survé's AYO's last stand

2019-08-15 07:15

Technology firm warns of its “imminent demise” if the PIC’s R4.3-billion claim succeeds – but finds it hard to answer some allegations.

Matjila to say his ouster from PIC was political

2019-07-06 11:59

The former head of the PIC says he was removed from his job so politically connected people could influence the fund's investment decisions.

AYO: We will not have to amend results again

2019-06-12 20:16

According to its latest statement, AYO believes its August 2018 audited results will not have to be restated.

AYO served summons to pay back R4.3bn to PIC

2019-05-31 20:34

The Public Investment Corporation and the Government Employees Pension Fund have served AYO Technology Solutions summons, seeking a court to order that it pay back R4.3bn, including interest.

JSE probing movement of funds in Survé companies

2019-05-27 13:51

The JSE is probing the movement of funds between companies linked to businessman Iqbal Survé to determine if the transactions were in breach of listing requirements.

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