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Tuma Mina Group must be held accountable for its media bot strategy

Sekunjalo group asks parliament s finance committee to probe disputes with PIC, other institutions

Sekunjalo group asks parliament s finance committee to probe disputes with PIC, other institutions The Star newspaper building in the Johannesburg CBD. Image: KATHERINE MUICK-MERE The Sekunjalo group has turned to parliament to intervene in a dispute between itself and associated companies and the Public Investment Corporation (PIC), accusing the corporation s new leadership of being hostile towards the group. Senior leaders of Ayo Technology Solutions and the Independent Media Consortium called on parliament s standing committee on finance to investigate the conduct of institutions which they claimed were undermining democracy and business confidence in SA by actively engaging in destroying their businesses and the Government Employees Pension Fund (GEPF) value, as it relates to Ayo.

Busting the myth about a R2bn loan from the PIC

Busting the myth about a R2bn loan from the PIC By Bongani Hans Share Sekunjalo Independent Media Consortium has busted the myth that the purchase of Independent Media, the biggest media group in the country, from the Irish for R2 billion was only through funding from the Public Investment Corporation (PIC). The company appeared before the Standing Committee on Finance (SCoF) on Wednesday to detail the facts of how its umbrella body, Sekunjalo Group, actually sealed a deal with the Irish media company, which was the owner of Independent Media in South Africa at the time. Independent Media’s delegation included Sekunjalo’s executive chairman, Dr Iqbal Survé, chief operating officer Takudzwa Hove, editor-in-chief Aneez Salie, editor of The Star, Sifiso Mahlangu, and Daily News editor Ayanda Mdluli.

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