two former board members from acting as directors of listed companies for five years.
The report concluded that the R4.3 billion investment by the Public Investment Corporation in AYO demonstrated the"malfeasance of the Sekunjalo Group [and] the impropriety of the process and practice of the PIC". Following the release of the report, a number of banks started to close their accounts with Sekunjalo, citing reputational risk. But Sekunjalo also
_Business 1.6 billion fine should have get them in-check but 1.6 million that's like giving 300 Rand's bail to millionaire with passports to go anywhere
_Business Fantastic! A once proud credible source of news from the 'old Star' now a pathetic embattled daily tabloid.
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MARKET WRAP: Rand holds on to gains while JSE gets a lift from precious metals stocksPlatinum miners buoyed by the stronger metals prices, while yen records its biggest one-day rise since 1998 and medium-term outlook for the rand remains bullish
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