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More than five years later, the Public Investment Corporation is still trying to recover a R4.3-billion investment in Ayo Technology, alleging due process was not followed and Ayo apparently misrepresented key information. The case began in the Western Cape High Court on Tuesday. ....
The JSE has levied a fine of R1.5 million on Iqbal Survé-linked AYO Technology Solutions for a series of disclosure failures, including related to related-party transactions, which is now enforceable after a suspension application was dismissed on Wednesday. ....
South Africa is the kind of country that makes you worry a bit about the future of satire. In fact, it would be fair to say that the whole world is having a bit of a satire crisis right now. The problem is that distinguishing between satire and non-satire is becoming trickier. ....