Former mineral resources minister Ngoako Ramatlhodi has been named chair of Ayo Technology Solutions, to replace Louis Fourie, with effect from June 12.

The market welcomed the news, with the group’s share price surging 92% to R1.23 on Friday, its highest level in seven months. The JSE-listed software and computer services group has a R423m market capitalisation...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.