Over the past couple of years, a string of companies have been booted off from the Johannesburg Stock Exchange (JSE) for a number of reasons. From big names to small players, these firms have left investors in the dark—and the JSE isn’t happy. To date, nine culprits stuck in suspension limbo, and now AYO Technology Solutions has joined the club after missing its latest annual report deadline on February 26, 2025. Here’s the rundown of the 10 companies currently on the JSE’s naughty step for delayed financials.
- Tongaat Hulett – Suspended since July 2022 for not releasing audited 2022 results, ongoing into 2024.
- Salungano Group – Suspended August 2023 for missing results for the year ending March 2023, still suspended in 2024.
- African Dawn Capital (Afdawn) – Suspended July 2024 for failing to publish results for the year ending February 2024.
- PSV Holdings – Suspended since August 2020 due to business rescue and no financials, still suspended in 2024.
- Chrometco – Suspended mid-2022, still unresolved in 2024 with auditor and subsidiary issues.
- Conduit Capital – Suspended with only June 2022 results published by late 2024, later financials missing.
- Labat Africa – Suspended October 2023 for not producing its prior year’s annual report, ongoing in 2024.
- Oando Plc – Suspended March 2024 for missing deadlines on 2022 audited results and 2023 interims.
- Ellies – Suspended around mid-2024 after entering business rescue and facing liquidation, counted in the nine by September 2024.
- AYO Technology Solutions – Suspended February 26, 2025, for failing to publish its annual report for the year ending August 31, 2024.