Interview: Zunaid Mayet on EOH's 12 months of hell - TechCentral

Interview: Zunaid Mayet on EOH’s 12 months of hell

Zunaid Mayet

Thank you for listening to the TechCentral podcast. In this episode, Duncan McLeod interviews EOH CEO Zunaid Mayet via Skype on the JSE-listed group’s interim financial results for the six months to 31 January 2018.

In the podcast, McLeod asks Mayet about EOH’s governance and whether it has needed strengthening in light of the negative developments in the past year, which have exerted enormous downward pressure on the group’s share price.

Did EOH conduct a sufficiently thorough due diligence on its acquisition of Grid Control Technologies, Forensic Data Analysts and Investigative Software Solutions, a deal it had to unwind last year — writing off almost R400m in its latest reporting period as a result?

What are the prospects for EOH — can it return to the sort of operating profit margins it has enjoyed in the past? And what will it take to restore faith in the group in the investor community?

McLeod asks Mayet about the mood inside EOH today and whether it’s been able to retain key talent despite the turbulence.

There’s plenty more in the discussion. Don’t miss it!

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