AYO is a black-owned technology company that was spun out of AEEI and in which AEEI still holds 49,4%. There were suspicious circumstances with a massive R4,3bn investment by the Public Investment Corporation (PIC) which has been the subject of a court action by the PIC and finally settled on 31st March 2023 with the AYO paying the PIC R619m.In effect the PIC...