Gijima has filled the long-vacant chief financial officer post at the listed IT services company. Ernst Röth will replace Carlos Ferreira, who resigned last July. Liesl Tweedie had been standing in in the position in an acting capacity. Röth has also been named to the board of the financially troubled company. For
Browsing: Carlos Ferreira
Eileen Wilton, Gijima’s long-serving interim CEO, has been named to the position on a permanent basis by the troubled IT company’s board of directors. Wilton, who previously held the position of chief information officer at both Old Mutual and Anglo American, was acting
Gijima posted a huge, R210,8m loss for its 2013 financial year to June, but management promises its turnaround efforts are starting to bear fruit and says this view is supported through investments from key shareholders. Chairman Robert Gumede says he has put R75m
Gijima’s management team is “confident” it has taken the “correct strategic decisions” to get the company “back on track”, despite reporting a massive R210,8m loss in the financial year ended 30 June 2013, from a much smaller loss of R50,6m in 2012
Attention is turning to troubled IT services company Gijima as it prepares to report its results to the year ended 30 June 2013 in the next few weeks. Investors will be looking for signs that the company, which is without a permanent CEO or chief financial officer, has begun to be stabilised following the recent
Financially troubled IT services group Gijima has lost its long-serving chief financial officer, Carlos Ferreira, who is stepping down after eight years in the role. The move comes just two months after Gijima shareholders approved a rights offer, meant to raise R150m in order to meet its “funding
It’s been a good year for most technology stocks listed on the JSE. One notable exception is Gijima, whose share price has tumbled by more than two-thirds in the past 12 months as investors fret about the company’s future. It’s lost nearly half its value since it published its annual results in
A decline in revenue was not enough to stop JSE-listed IT services group GijimaAst from reporting a 33% leap in normalised headline earnings per share in the six months to 31 December 2009. It has amassed R623m in cash and declared an interim maiden dividend of 2,5c/share. It’s a significant turnaround for an IT group that little more than five years ago was in dire financial straits