A claim that the department of education’s contract with Sizwe Africa IT Group was being used to siphon off money from the department rocked Friday’s final session of an urgent application in the Bhisho high court to halt the R600m rental contract.
Sizwe’s parent company is Ayo Technology Solutions. African Equity Empowerment Investments, which is controlled by Sekunjalo Investment Holdings — chaired by businessperson Iqbal Survé — is a shareholder in Ayo.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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