Browsing: EOH

News
EOH plunges on report it calls ‘unfounded’

EOH’s share price tumbled more than 12% at one point on Tuesday as investors took fright at the resurfacing of corruption allegations involving a contract with welfare agency Sassa. The share regained some composure in the early afternoon

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EOH plummets on news CEO to step down

In an unexpected development, the founder CEO of EOH, the technology services group that has delivered impressive returns for shareholders for many years, is stepping down. Asher Bohbot will leave the JSE-listed group

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More strong results from EOH

EOH is nothing if not consistent. The JSE-listed technology services company has again turned in a strong set of financial results, with headline earnings per share rising by 22% on the back of revenue that climbed by 21% to R7,2bn

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EOH jumps 7% on trading update

EOH’s share price jumped more than 7% on Wednesday morning after the JSE-listed IT services group reported a positive earnings update. The share price, which has been volatile in recent weeks, was quoted

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EOH buys Cornastone

EOH has announced it plans to acquire 100% of the long-established Cornastone group of companies, subject to regulatory approvals. The black-led Cornastone has been in business for more than

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EOH punts business after shares tumble

After two days of sharp declines in its share price, technology services group EOH on Friday issued a “voluntary announcement” on the JSE’s stock exchange news service punting its public sector business. EOH tumbled more

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SA Connect broadband tender cancelled

The State IT Agency (Sita) has cancelled a tender for the construction of a rural broadband network under the South Africa Connect broadband strategy. Late last week, Sita published a notice in the

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EOH thumbs its nose at weak economy

Technology group EOH has continued to defy weak economic conditions, posting a robust set of results for the year ended 31 July 2016. Headline earnings per share rose by a quarter to R7,19 on the back of a 31% improvement in

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