One has to wonder if Eileen Wilton, the eminently likeable CEO of Gijima, rues the day she joined the company as chief operating officer in June 2012. Within months of her taking on the role, Gijima’s then-CEO, Jonas Bogoshi
Browsing: Faritec
After an 11-year partnership, Hitachi Data Systems (HDS) has completed it acquisition of data centre company Shoden Data Systems. Shoden’s management team will remain unchanged and it will retain autonomy in terms of strategy and decision making. HDS hopes the deal will give it a foothold in Africa
Troubled JSE-listed technology group Faritec continues to teeter on the edge. It has scrapped a plan to raise much-needed additional…
Companies owed money by Faritec will have to opt for shares in the troubled JSE-listed IT group, or risk losing…
Management and shareholders of Faritec remained locked in talks late on Wednesday as they sought to pull the JSE-listed IT…
Shoden Data Systems has agreed to underwrite and fund partially a new rights offer by Faritec aimed saving the company…
Talks aimed at raising an emergency loan to keep JSE-listed Faritec afloat are taking longer than expected, the IT group…
Faritec management remains confident that the troubled JSE-listed IT group will return to profitability in the financial year to June…
Faritec has pulled itself back from the brink of financial ruin and should break even or even post a small…
Full-year results of troubled JSE-listed IT group Faritec are likely to paint a picture of a company in dire financial…