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Nation business journalist bags international award

Nation business journalist bags international award
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

South africaEdna mwendaJohannes andersenElyse popplewellCwayita nondulaNicola wenzMedia labAfrica community mediaInternational news media associationDedan kimathi university of technologyNation media groupNews corpMedia groupBusiness dailyDenmark based politikenMedia awards

A serving of music with your community news

A serving of music with your community news
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

Western capeSouth africaCape townFree stateTable viewSea pointKeenan williamsGraeme whiteAtlantic sunSandy naudMegan edwardsLynita croffordChantel erfortBrandon baatjiesAmit makanAfrica community media

Whistle-blower says AYO Technology Solutions falsified

Despite its uncomfortable position and full-year loss declared last week, AYO, the technology solutions company, elected once again to pay a hefty dividend of 30c a share.

Jeni kostovaAndre visserZama mlabaCommission for conciliationAfrica community mediaBambelela capital proprietaryGovernment employee pension fundEmpowerment investment groupTechnology solutionsFinancial sector conduct authorityTechnology venture fund africa proprietaryIssuer regulationFinancial markets actIqbal survAfrican equityBambelela capital proprietary limited

PIC looks on while Survé Inc burns through state pensioners billions

Iqbal Survé Iqbal Survé s family holding company is indirectly receiving millions from Ayo Technology Solutions through a secretive new company despite the Public Investment Corporation (PIC) fighting to claw back all Ayo s cash. Assets from Independent Newspapers are also being moved into the new company as the PIC fights to take away Survé s control of his media empire by liquidating Sekunjalo Independent Media. Despite these efforts, the PIC still has no preservation order to secure the R3.2 billion still left of the R4.3 billion it controversially invested in Ayo during the reign of former chief executive Dan Matjila.

Dan matjilaTito mboweniAbel sitholeZoliswa kota fredericksLizaan nelInformation technology agencyVolt business solutionsAfrica community mediaSekunjalo investment holdingsPublic investment corporationIndependent newspapersWomens technology investmentsAyo technology solutionsEastern cape department of educationTechnology venture fund africaSekunjalo group

Public Investment Corporation keeping an eye whil

Audited financial statements for Ayo Technology Solutions were released just before Christmas last year, announcing exciting new investments in cutting-edge technology ventures. A close reading, however, reveals new aspects of Iqbal Survé’s empire and how it is keeping afloat. The R4.3-billion in pension fund money that the Public Investment Corporation (PIC) controversially invested in Ayo three years ago is being steadily dispersed across his existing businesses and to shareholders – before the PIC can close in on him. amaBhungane has in the past revealed the wave of transactions where Ayo, which is listed on the JSE, has used some of this PIC money to do deals that directly and indirectly benefit Survé’s family holding company, Sekunjalo Investment Holdings, and his associates at the expense of the PIC and other shareholders.

Lex mpatiDan matjilaTito mboweniAbel sitholeZoliswa kota fredericksDecember sitholeLizaan nelInformation technology agencyVolt business solutionsAfrica community mediaSekunjalo investment holdingsPublic investment corporationWomens technology investmentsAyo technology solutionsEastern cape department of educationTechnology venture fund africa