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The PIC’s investment into AYO is sound, the R4.3 billion investment...

CAPE TOWN – The chairperson of the board of AYO Technology Solutions, Advocate Wallace Mgoqi, said on Tuesday that he was delighted that the...

PIC to waste pensioner’s money in AYO pursuit

CAPE TOWN – The Public Investment Corporation (PIC) has cited errors in its own processes, in its summons served on AYO Technology Solutions aimed...

AYO to take legal action against PIC, others for billions in...

CAPE TOWN – The chairperson of AYO Technology Solutions Advocate Wallace Mgoqi on Wednesday announced the company’s intention to sue the Public Investment Corporation...

#PICInquiry: ‘AYO a victim of a smear campaign’

PRETORIA – AYO Technologies is a victim of a politically- and racially-driven smear campaign aimed at collapsing it. Dr Iqbal Survé told the Mpati Commission...

AYO Technology Solutions’ actual share value as high as R47 initially,...

PRETORIA – A senior Public Investment Corporation (PIC) official has told retired Judge Rex Mpati that the enterprise value-to-earnings before interest, tax, depreciation and...

Former AYO execs resigned to escape forensic investigation

CAPE TOWN – A senior executive at AYO Technology Solutions has come out to state the real reason its two former executives hastily left...

AYO, PIC to take CIPC to court

The Public Investment Corporation (PIC) and the JSE-listed company AYO Technology Group are taking the Companies and Intellectual Properties Commission (CIPC) to court. At the...


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