How Survé 'robs Peter to pay Paul': Money scored from PIC 'used to keep Independent afloat'

2020-02-18 06:01

Iqbal Survé's embattled businesses have quietly redirected money scored from the PIC to apparently pay Independent newspapers' staff.

Auditors BDO drop 4 companies in Sekunjalo Group

2019-10-17 16:15

The Sekunjalo group responded by saying it had resolved to rotate auditors in any case to give work to black firms.

'Vain, arrogant and narcissistic': Survé takes on Media24 in R100m defamation lawsuit

2019-06-30 14:30

Dr Iqbal Survé is seeking R100m in damages relating to an article that his lawyers said portrayed him as "dishonest and a liar" to boost his "status and stature".

Campaign controversy: 'ANC didn't yet pay back elections donation', says Survé

2019-05-07 19:35

Sekunjalo group head Iqbal Survé is waiting for the Western Cape ANC to return R1 million after an about-face in which the acting provincial leader ordered the 11th-hour election donation returned due to the probe into the Public Investment Corporation's investment in Sekunjalo.

AYO says staff that testify at PIC inquiry won't face repercussions

2019-04-17 19:29

AYO Technology Solutions says it is "utterly dismayed" by the implication that its employee Naahied Gamieldien may face internal company repercussions for testifying at the commission of inquiry into the Public Investment Corporation.

AYO denies financial filings were amended, vows to cooperate with JSE

2019-04-11 06:30

AYO Technology Solutions has denied its unaudited financials were amended, saying it is 'extremely perturbed' by allegations made by two former executives.

Sygnia CEO Magda Wierzycka facing complaint of attempted extortion

2018-12-11 18:50

A complaint of attempted extortion has been laid against Magda Wierzycka, CEO of asset management company Sygnia, by African Equity Empowerment Investments Limited.

Bull fight between Tiso Blackstar and Independent's Survé heats up over PIC claims

2018-10-24 20:23

Media group Tiso Blackstar has claimed that it was approached by the Public Investment Corporation (PIC) in 2016 for "help with Independent Media".

No relationship with Sagarmatha - AYO

2018-04-23 20:12

AYO Technology Solutions claims in a shareholder statement that it has had no relationship with Sagarmatha Technologies, as it stock falls by a third.

3 weird things Sagarmatha, which is listing on the JSE, wants to do

2018-04-06 08:27

It wants to sell genetic information, be like YouTube and Amazon, make cryptocurrencies, and dabble in neuro-linguistic programming.


We need to make sure Survé does not pull a Gupta move

2020-01-02 11:07

Someone needs to act fast in order to prevent him from doing a "Gupta". Even to the extent of putting all airports on alert.

Iqbal Survé: Gupta-owned Oakbay's R1bn lawsuit 'frivolous and ludicrous'

2019-08-15 22:05

Sekunjalo will oppose a R1bn lawsuit Gupta-owned Oakbay Investments has lodged against chairperson Iqbal Survé and ex-PIC head Dan Matjila.

Top ANC Western Cape official suspended as Survé's Sekunjalo donation remains unpaid

2019-05-15 17:40

The controversy over the Sekunjalo group's donation to the Western Cape ANC took a surprise turn on Wednesday.

Iqbal Survé gives Western Cape ANC 11th-hour financial boost, but wants 'no favours'

2019-05-05 20:26

The ANC in the Western Cape received a financial boost from Iqbal Survé's Sekunjalo group with the businessman saying he wants nothing in return.

R70m went to Survé-linked firms the day after AYO listed, PIC inquiry hears

2019-04-17 11:56

The former Chief Finance Officer at AYO Technology Solutions, Naahied Gamieldien, was testifying before the judicial commission of inquiry into the Public Investment Corporation.

WATCH LIVE: Iqbal Survé testifies at PIC commission

Iqbal Survé, the chairperson of media group Independent Media and the head of Sekunjalo, gives testimony at the PIC commission of inquiry. Watch live.

0 comments5018 Views

PIC wades into Tiso, Independent row - calls for ceasefire

2018-10-26 12:36

The Public Investment Corporation has for the first time weighed in on the ongoing spat between media companies Tiso Blackstar and Independent Media, dismissing recent claims that it had ever approached Tiso in terms of managing Independent.

PIC to probe Ayo purchase process

2018-05-29 16:23

The Public Investment Corporation is looking into how Africa’s biggest money manager decided to spend R4.3bn to back the initial public offering of Ayo Technology Solutions.

Iqbal Survé: Pressure mounts as another PIC deal is exposed

2018-04-22 07:35

The intended listing of Sagarmatha Technologies was a mirror image of a deal in which the PIC was used to massively underwrite the Survé fortune.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.