EOH has blacklisted 50 “enterprise development” partners and intermediaries and reported suspected criminal behaviour to authorities for investigation and possible prosecution as it continues a clean-up of its operations.
EOH Holdings plans to sell a further R1-billion of non-core businesses in 2020 as it reorganises and reduces debt.
EOH Holdings’ new black empowerment partner, Lebashe Investment Group, has said it won’t subscribe for a R250-million third and final tranche of a planned R1-billion investment in the JSE-listed technology group.
EOH has been accused of ignoring calls for an independent investigation into a subsidiary company, Healthshare Health Solutions, which is accused of sabotaging a client’s business.
Promoted | iOCO is more than a name, it represents a new way of operating an ICT business.
EOH Holdings expects to report a headline loss per share of at least R18 for the year ended 31 July 2019, with the number impacted by impairments, it warned shareholders on Wednesday.
EOH Holdings has renamed its ICT services business iOCO, the JSE-listed technology group said in an update to shareholders on Thursday.
In the podcast this week, Duncan McLeod and Regardt van der Berg talk about Vumatel’s plans to roll out fibre broadband in Mitchell’s Plain and Alexandra. Can fibre be delivered to lower-income and even poor areas profitably?
An investigation by law firm ENSafrica has unearthed “evidence of serious governance failings and wrongdoing at EOH”, the JSE-listed technology services group said on Tuesday.
EOH Holdings CEO held a call with staff at 9am on Tuesday to discuss the interim findings of an investigation by law firm ENSafrica into alleged corruption involving the IT group’s public sector contracts.