Many young white people are encouraged by their parents to just “move on” with the business of the future, writes Adriaan Basson.
The JSE says its decision to cancel the listing of Sagarmatha Technologies was based on the latter's failure to provide key information, and not influenced by emotions.
From death threats and allegations of wrongdoing in billion rand investments, to the search for an anonymous whistleblower and the suspension of top officials, this is what the commission of inquiry into the Public Investment Corporation has heard so far.
The Companies and Intellectual Properties Commission's order issued to the Public Investment Corporation to recoup R4.3bn from AYO Technology Solutions has been declared unlawful by the Pretoria High Court.
The PIC inquiry has heard that PIC prominent people had interest in seeing Iqbal Surve’s Sagarmatha Technologies JSE listing become a reality.
Sagarmatha Technologies, the parent company that was aiming to corral the assets of Iqbal Survé’s media empire under a new roof, will not list on the JSE this week after it failed to submit the correct documents in time.
The Black Business Council says it has concluded a transaction to buy 6 million shares in Sagarmatha Technologies, the holding company which aims to corral the assets of Iqbal Survé's media empire.
A company that will include many of the media assets in businessman Iqbal Survé’s empire expects to list on the JSE next week with a market cap of almost R50bn.
The JSE will be summoned to appear before the commission of inquiry into the Public Investment Corporation to explain its decision to halt the listing of Sagarmatha Technologies.
The chairperson of Independent Media, Iqbal Survé, on Tuesday claimed that bad press from rival media houses scuppered the listing of Sagarmatha Technologies on the JSE and the NYSE.
The North Gauteng High Court heard an urgent interdict last week by AYO Technology Solutions against the Companies and Intellectual Property Commission.
The Sagarmatha Technologies business case raised red flags when the company was making its funding proposal to the PIC, the inquiry into the state-owned asset manager has heard.
Sagarmatha Technologies, the parent company that is aiming to corral the assets of Iqbal Surve’s Independent Media empire, is set to announce the results of its share placement.
Sagarmatha Technologies, which aims to bring together assets of Iqbal Survé's media empire, has again postponed the date of its JSE listing to give private investors more time to snap up private placement shares.
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