Telkom subsidiary BCX has blamed looming job cuts at the ICT services company on the weak economy, saying there’s little sign of a short-term pick-up in demand from businesses.
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Dimension Data Group CEO Jason Goodall has been named as the candidate for the role of CEO of Nippon Telegraph and Telephone Corp’s new global operating company.
In this episode of the podcast, Duncan McLeod interviews newly appointed EOH Holdings CEO Stephen van Coller on the group’s disappointing 2018 financial results and how he plans to turn the situation around.
EOH Holdings financial director John King has resigned. King announced his decision to leave the business at the group’s annual results presentation in Sandton on Wednesday.
Stephen Van Coller, EOH Holdings’ new CEO, said he will use a R1-billion cash injection from a stake sale to black investors to pay for acquisitions and decrease the group’s bank debt.
The most troubled year in EOH’s history has ended, with the JSE-listed technology services group reporting a loss of R104-million, down from a profit of R1.2-billion in 2017.