Veil of secrecy soon to be lifted if asset manager’s board has its way
Legal opinion provided to the Public Investment Corporation advised it to settle its long-standing dispute with Ayo Technology Solutions, saying the prospects of recouping its R4.3bn investment in the company in 2017 were grim.
Attorneys told the PIC there were several obstacles that hampered the chances of success in a lawsuit it brought against Ayo, which is indirectly controlled by Independent Media owner Iqbal Survé...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The inside legal opinion behind the PIC’s settlement with AYOAsset manager’s board were told of slim chances of success in court though confidentiality clause could come under scrutiny
Read more »
IN PICS | Bizarre places homeless people sleep in include graveyards, under bridges and inside dilapidated buildingsIN PICS | Bizarre places homeless people sleep in include graveyards, under bridges and inside dilapidated buildings: A group of people have found a home in between the graves at Stellawood Cemetery in Umbilo, Durban. One of them is Vaughan Durno, 39,…
Read more »
IN PICS | Bizarre places homeless people sleep in include graveyards, under bridges and inside dilapidated buildingsA group of people have found a home in between the graves at Stellawood Cemetery in Umbilo, Durban. One of them is Vaughan Durno, 39, who left home in Umkomaas in pursuit of a better life.
Read more »
IN PICS | Bizarre places homeless people sleep in include graveyards, under bridges and inside dilapidated buildingsA group of people have found a home in between the graves at Stellawood Cemetery in Umbilo, Durban. One of them is Vaughan Durno, 39, who left home in Umkomaas in pursuit of a better life.
Read more »
Harnessing the power of technology for smallholder farmers across AfricaAgriculture is critical to economic growth in Africa. According the United Nations, 65-70% of the continent’s workforce is employed by the sector, which accounts for about a third of the continent’s gross domestic product (GDP).
Read more »