Survé says the PIC missed an opportunity to invest in Sagarmatha when the company was considering listing on the Johannesburg Stock Exchange.
JOHANNESBURG - Businessman and media mogul Iqbal Survé says Tiso Blackstar and eNCA scuppered the listing of his company Sagarmatha by lobbying the companies and intellectual property commission.
Survé was testifying at the PIC Commission of Inquiry on Tuesday which is investigating allegations of impropriety. Survé is the chairman of the Sekunjalo Group which has business interests in Ayo Technologies and Sagamartha Technologies. He says the PIC missed an opportunity to invest in Sagarmatha when the company was considering listing on the Johannesburg Stock Exchange .“JSE withdrew this listing because Business Day, Tiso Blackstar publications - that are competing with Independent Media, have tried to buy Independent Media surreptitiously and sabotage the company - saw that Independent Media would be part of the larger ecosystem of Sagarmatha and got someone to make a statement to this effect.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tiso Blackstar journalist wins award for video reconstruction of student's last terrifying hoursTiso Blackstar Group multimedia content producer Anthony Molyneaux says winning the Online News Video category at the 11th IAB Bookmark Awards brought several emotions, from jubilation to sadness.
Read more »
Tiso Blackstar to defend defamation claim lodged by Fana HlongwaneTiso Blackstar will now be able to defend a defamation claim that was lodged against it by businessman Fana Hlongwane in 2017.
Read more »
Tiso Blackstar defends defamation claims brought by Fana HlongwaneThe high court in Pretoria has rescinded and set aside a default judgment that businessman Fana Hlongwane obtained against Tiso Blackstar. Hlongwane sued the media company for R30 million after he accused it of publishing defamatory articles about him
Read more »
Independent Media's Iqbal Survé set to testify at PIC inquiryIqbal Survé, the chairperson of media group Independent Media and the head of Sekunjalo, is expected to give evidence before the judicial commission of inquiry into state-run asset manager the Public Investment Corporation on Tuesday.
Read more »
Survé set to testify at PIC inquiryDr Iqbal Survé, the chairperson of media group Independent Media and the head of Sekunjalo, is expected to give evidence before the judicial commission of inquiry into the PIC on Tuesday.
Read more »
LIVESTREAM: Iqbal Survé testifies at PIC inquiryThe PIC inquiry is looking into alleged impropriety, poor governance and kickbacks.
Read more »
Tough conditions hit Tiso Blackstar’s media businessCompany says it has prioritised cost management and disposal of noncore assets
Read more »
Tough second half for Tiso media businessCompany says it has prioritised cost management and disposal of noncore assets
Read more »
PIC’s investment strategy 'racist' - Dr Survé | IOL Business ReportDr Iqbal Survé told the Mpati Commission that PIC's investment strategy is racist and favours white-owned and controlled ...
Read more »
#PICInquiry: Iqbal Survé slams SA’s BEE model as a farce | IOL Business ReportDr Iqbal Survé, the chairman of Sekunjalo Group, has slammed South Africa’s black economic empowerment model, saying it is fundamentally flawed
Read more »