Foray into the rest of the African continent a game-changer for AYO

JOHANNESBURG – The Annual General Meeting (AGM) of AYO Technology Solutions has been delayed today as a result of the coronavirus pandemic – at a critical time for the company and for black economic empowerment.

Public companies are required to hold AGMs.

However, South Africa will see many AGMs delayed in line with recommendations made by the South African government to inhibit the spread of Covid-19.

According to the Companies and Intellectual Property Commission, AGMs must be held to provide, among others, for presentation of the audited financial statements for the immediately preceding financial year and the appointment of the auditors and the audit committee.