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
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Gijima has filled the long-vacant chief financial officer post at the listed IT services company. Ernst Röth will replace Carlos Ferreira, who resigned last July. Liesl Tweedie had been standing in in the position in an acting capacity. Röth has also been named to the board of the financially troubled company. For
Gijima has welcomed a Special Investigating Unit (SIU) probe into a department of land reform project. “We welcome this investigation to remove any internal or external doubt or innuendoes, which would impact on the reputation of the department of rural development and land reform, as well as
Eileen Wilton, Gijima’s long-serving interim CEO, has been named to the position on a permanent basis by the troubled IT company’s board of directors. Wilton, who previously held the position of chief information officer at both Old Mutual and Anglo American, was acting
Gijima posted a huge, R210,8m loss for its 2013 financial year to June, but management promises its turnaround efforts are starting to bear fruit and says this view is supported through investments from key shareholders. Chairman Robert Gumede says he has put R75m
Gijima’s management team is “confident” it has taken the “correct strategic decisions” to get the company “back on track”, despite reporting a massive R210,8m loss in the financial year ended 30 June 2013, from a much smaller loss of R50,6m in 2012
Financially troubled technology services company Gijima expects losses per share to widen sharply in its full year to 30 June compared to the year-ago period. It warned shareholders on Monday that it expects loss per share to increase to between 20,52c and 19,46c, from a loss a year ago of 5,28c. The
Attention is turning to troubled IT services company Gijima as it prepares to report its results to the year ended 30 June 2013 in the next few weeks. Investors will be looking for signs that the company, which is without a permanent CEO or chief financial officer, has begun to be stabilised following the recent
Financially troubled IT services group Gijima has lost its long-serving chief financial officer, Carlos Ferreira, who is stepping down after eight years in the role. The move comes just two months after Gijima shareholders approved a rights offer, meant to raise R150m in order to meet its “funding
Gijima nonexecutive director Andrew Mthembu has resigned from the board of the troubled JSE-listed technology services company after nine years as a director. Mthembu was Gijima’s lead independent director and chairman of the remuneration committee. The resignation is with immediate