A disciplinary inquiry has cleared Matshepo More of all charges, but she remains suspended
The report by the commission that investigated the Public Investment Corporation says the fund manager’s former CEO lied about his involvement in its R4,3-billion investment in…
About 1 500 media workers may lose their jobs if Iqbal Survé cannot service his companies’ debts
The federation’s former general secretary has been implicated in a dodgy Ayo listing deal which he claims is a ‘deliberate misrepresentation’
The ICT company has denied wrongdoing, however, the JSE has ordered an audit of the financial statements
Any decision by directors to leave as a bloc has consequences that go beyond issues of liability
Former AYO Technology Solutions CEO, Kevin Hardy, has testified that businessperson Iqbal Survé interfered in the running of the technology company
Survé is expected to testify after Kuben Naidoo, the deputy governor of the South Africa Reserve Bank
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
The CIPC has agreed on an extension of the time limit of that notice from 15 days to 60 days
When asked whether this was ethical, Lebogang Molebatsi said, unless the arrangement was disclosed to other shareholders, “it would not be correct”.
Investment team member testifies about Ayo and Sagarmatha transactions as having come from CEO Matjila
Former chief executive Dan Matjila is alleged to have instructed the liquidation of stocks to settle the subscription of Ayo shares
The Public Investment Corporation (PIC) has distanced itself from any notion that it is working with Ayo Technology Solutions
The merger of the CEO and the chief investment officer roles at the PIC is a centralisation of power that exposes the PIC to huge risk
George had been placed on special leave on February 6
The PIC has confirmed that it received a compliance notice from the CIPC ordering it to recover the R4.3-billion made to Ayo Technology Solutions
The PIC paid R43 per share for a 29% stake in Ayo, a company in which Independent media owner Iqbal Surve has an indirect stake
Here is what we know so far
In conversation with Mail & Guardian editor Khadija Patel last week, Iqbal Survé insisted that everyone who is critical of him has been unfair.
