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.
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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.
Intel shares jumped the most since March after a research report stoked optimism about its delayed next-generation manufacturing technology and sent rival AMD tumbling.
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.
Microsoft has upgraded three of its Surface computers, unveiled wireless over-ear headphones and released software to better integrate its devices with iPhones and Android phones.
Tesla has posted a surge in electric-car deliveries that could prove pivotal to earning an elusive profit and overcoming a series of distracting missteps by CEO Elon Musk.
Standard electricity users will bear the brunt of the R32.7-billion the state-owned power utility can recover in unbudgeted costs incurred in the 2014 to 2017 financial years.
JSE-listed Alaris Holdings said on Tuesday that is has entered into an agreement to acquire US-based mWave Industries, which develops custom and commercial microwave antenna solutions.
Telecommunications & postal services minister Siyabonga Cwele has fired the board of government’s troubled universal access agency Usaasa, TechCentral has learnt.