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AYO strongly denies claims by former employee Zama Mlaba that it misstated costs

AYO strongly denies claims by former employee Zama Mlaba that it misstated costs
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Jeni kostovaZama mlabaAyo technology solutionsFinancial services conduct authorityDaily maverickFinancial services conduct

AYO s controversial dividend will be part of PIC s

During the current financial year, AYO Technology Solutions has issued dividends to the value of R320m, about a quarter of its current market value, despite incurring a pre-tax loss of R201m. During the current financial year, AYO Technology Solutions has issued dividends to the value of R320m,.

Cape townWestern capeSouth africaZama mlabaCape town high courtPublic investment corporationThawt incTechnology solutionIndependent regulatory boardNayo technologiesDaily maverick

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