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African Equity Empowerment Investments (AEEI), the parent company of Ayo Technology, has halved its final dividend for its unprofitable 2021 year, but its total dividend is still up a third.

AEEI is the listed trading company Sekunjalo Investment Holdings, which is chaired and was founded by businessperson Iqbal Survé. AEEI declared a 10c final dividend for its year to end-August, but its total dividend amounted to 40c — a R196.4m payout...

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