Browsing: Gijima

Freeman Nomvalo, the CEO of the State IT Agency (Sita), has promised that a turnaround strategy he is leading will transform the organisation for the better, but it could take as many as four years for the project to be completed fully. He told journalists

Technology group Gijima is facing a difficult and uncertain future after it warned on Tuesday that it had failed to comply with financial covenants related to borrowings of R213m and auditor KPMG warned of “the existence of a material uncertainty which may

Troubled IT firm Gijima has secured the services of one of South Africa’s top technology businessmen, Maphum Nxumalo, who will join the JSE-listed company as chief operating officer on 1 July. Nxumalo, a former chief operating officer of SAP Africa, has also been named to Gijima’s board as an executive director

Gijima has moved to fill its crucial sales leadership function, naming IT industry veteran Bill Hoggarth as its new chief sales officer, effective immediately. According to Gijima, Hoggarth has more than 30 years of executive, general management and sales experience in the IT sector. He joins the company, which has had a torrid time

The State IT Agency (Sita), the government body meant to co-ordinate government’s IT spending, is “dysfunctional”. This is hurting both government departments and the companies that supply technology services to government. This is the view of Gijima

Despite turning in a slump in revenue in the six months ended 31 December 2013, troubled technology services company Gijima appears finally to be having at least some success in righting the ship. But it’s not quite clear of the rocks yet. Revenue from continuing operations fell by 19% to R741,3m, from R911,2m

Gijima executive chairman Robert Gumede wanted to buy Independent News & Media South Africa but withdrew for what he has termed “sound commercial reasons”, he has revealed through his lawyers. Gumede, who has threatened to sue the newspaper publishing company over an article that appeared a fortnight ago in its flagship Sunday

Businessman Robert Gumede’s legal team plans to serve a summons on the Sunday Independent soon, his lawyers said on his behalf on Saturday. “[The legal team] are quantifying the damage to his reputation and the irreparable losses suffered by his companies which operate globally as a result of the defamatory article, which damages

The Sunday Independent is standing by its article about a multimillion-rand tender which has led to a threat of a R1bn defamation lawsuit. “I stand by the story and by my reporter, who was thorough and meticulous in researching and sourcing the story, and was equally careful in his writing

Politically connected businessman and executive chairman of JSE-listed technology services company Gijima Robert Gumede has threatened to sue the Sunday Independent for R1bn, according to a report in sister newspaper the Saturday Star at the weekend. According to the Saturday Star, the threatened claim