LATEST NEWS FOR AYO Technology Solutions Ltd.  

AYO is one of the largest Broad-Based Black Economic Empowerment (B-BBEE) companies in South Africa – founded on the belief that the future will be shaped by technology and successful digital transformation.... [more info]

Ayo-linked PIC analyst to challenge dismissal

Analyst Victor Seanie says he is being treated 'unfairly'.

Ayo was used to push me out of the PIC, Matjila says

Former CEO admits to making enemies on the board – because of the 'tight ship' he ran.

Matjila says from his experience, Ayo’s valuation was ‘reasonable’

PIC paid the highest asking price for Ayo Technology, and its former CEO sees nothing wrong with that.

Matjila: Deviation from PIC processes for Ayo deal was justified

Survé-linked transaction is one of the most controversial to be interrogated at the commission of inquiry.

State pension fund was in the dark about Ayo transaction

The GEPF's Abel Sithole says the fund should have been involved in approval of the controversial R4.3bn investment.

The only unit trust to hold AEEI and Ayo

And AEEI is its largest holding.

JSE explains Ayo and scuppered Sagarmatha listing

Stock exchange has a wide-ranging role in protecting investors – but it’s not ‘fail proof’, PIC inquiry hears.

‘Dr Dan didn’t lead, he ruled over the PIC’

Former PIC CEO's overarching influence, and the business people linked to him.

More evidence of Matjila overriding the PIC’s investment processes

Former PIC CEO said to have signed off on an investment worth billions before the transaction was presented to the PIC.

Ayo: Nitpicking through a testimony

The business is in dire need of proper corporate governance.

PIC looks to set limits on how much it can fund single borrowers

State asset manager said to be tabling 'single obligor' guidelines.

Ayo valuation ‘stretched’ to meet Survé’s demands

Iqbal Survé instrumental in setting Ayo’s R14.7bn valuation.

Now trade unions are interfering in the business of the PIC

PIC company secretary Bongani Mathebula told the commission how trade unions lobbied the PIC to invest in Iqbal Survé's Sagarmatha.

PIC inquiry: Fears of repercussions for Ayo witness

Ayo executive gives candid account of governance issues at the company after being subpoenaed to appear before the commission.

ANC elective conference behind rush to list Ayo, inquiry hears

Witnesses before the commission say Survè was afraid that he would not have influence over the PIC and its funds after the Nasrec conference.

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