EOH Holdings is poised to slash employee salaries by as much as 20% in an effort to stave off a potential Covid-19 lockdown-induced crisis at the JSE-listed IT services group.
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JSE-listed technology group Altron looks set to list its UK subsidiary, Bytes Technology Group, in an effort to further unlock shareholder value.
In this podcast, Altron CEO Mteto Nyati talks to TechCentral’s Duncan McLeod about the group’s decision to explore the unbundling and listing of its Bytes UK subsidiary on the London Stock Exchange.
EOH Holdings expects to reduce its headline loss per share by at least 47% in its latest reporting period, the JSE-listed IT services group said on Thursday.
Exclusive | Dimension Data is pulling the plug on two of its biggest brands, Internet Solutions and Britehouse, in a major restructuring exercise aimed at putting the IT services group back on a solid growth footing.
JSE-listed software services group Adapt IT said on Wednesday that it is not contemplating a rights issue “at this stage” as it moves to reduce its net debt to a more comfortable level.
Adapt IT, pressured by a collapsing share price and a sub-optimal balance sheet, is reviewing its capital structure with a view to reducing its gearing – or the proportion of its debt to equity.
JSE-listed software services group Adapt IT has reported a 35% decline in headline earnings per share despite a 10% increase in revenue for the six months to 31 December 2019.
JSE-listed technology services group EOH Holdings has appointed Anushka Bogdanov as its new lead independent non-executive director, replacing Andrew Mthembu, who was recently named as chairman.
Adapt IT’s headline earnings per share for the six months ended 31 December 2019 will fall by as much as 51.7%, the software group said in a trading statement after markets closed in Johannesburg on Friday.