It has come to my attention that there is a pending court case (Case number 2310/2020, in the matter between Karima Abdual Razak Tayob N.O. in her capacity as executrix of the estate of the late Abdul Razak Tayob Surtie, Edward Jeffrey Koornabanally and Public Investment Corporation Limited, Absa Group Limited) in the Western Cape High Court wherein a massive R1,35 trillion is being claimed for payment from the PIC -which has (amongst others) as its client the GEPF- as well as Absa Group Limited.
PRESS STATEMENT: 06 MARCH 2023, GABORONE - Government officials, institutional investors, corporate executives, environment and sustainability professionals, fund & asset managers, and many other key stakeholders in the investment space in general and green finance in particular, will convene at the Avani Gaborone Resort & Casino, on the 12th and 13th April 2023, for the Inaugural Botswana ESG and Sustainable Finance Forum 2023.
The Public Investment Corporation (PIC) and AYO Technology Solutions have reached a settlement over "positive misrepresentations" that led to a R4.3bn investment controversially being scored by AYO in December 2017.
The Public Investment Corporation (PIC) and AYO Technology Solutions have reached a settlement over "positive misrepresentations" that led to a R4.3bn investment controversially being scored by AYO in December 2017.