Promoted | What the new generation of cloud-native applications can do, and what happens to those left behind. By iOCO’s Richard Vester.
Browsing: EOH
Promoted | The future happens all the time. Technology is fuelling a fourth Industrial Revolution that is exponentially increasing the rate of change and threatening the relevance of all businesses, regardless of size and complexity.
Podcast | For the past two years, Stephen van Coller has been holding down one of the toughest CEO jobs in South Africa – attempting to lead IT services group EOH Holdings out of dire straits.
Scandal-plagued IT services group EOH Holdings has turned in a significant improvement in full-year results, with the total headline loss per share in the period ended 31 July 2020 reduced by 72%.
Suspicious payments flowed to a company owned by Johannesburg mayor Geoff Makhubo and to the ANC in the months directly before and after EOH landed major contracts with the city.
Former EOH executive Jehan Mackay has taken centre stage in corruption allegations involving payments to senior ANC figures, including Zizi Kodwa and a former personal assistant to ex-President Jacob Zuma.
EOH CEO Stephen van Coller’s testimony at the Zondo Commission of Inquiry into State Capture inadvertently turned into a lecture on how corruption between the state and the public sector happens.
EOH Holdings CEO Stephen van Coller testified at the Commission of Inquiry into State Capture on Monday. Watch the testimony here, with visuals courtesy of SABC News.
EOH Holdings subsidiary EOH Mthombo has sold Mars Holdings and its principal business Syntell to a consortium led by current Syntell executive directors for a base price of R211-million.
EOH Holdings expects to lose less money in the financial year ended 31 July 2020 compared to a year ago as the IT services group makes headway in cleaning up “legacy” issues.