Browsing: Jonas Bogoshi

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

Troubled IT company Gijima’s share price tumbled to as low as 7c on 2 April following an unexpected R123m loss as well as a proposed rights offer for a R150m cash injection. The loss is the most recent in a string of challenges faced by the company, which appeared to begin in 2010 with the cancellation of a R2,1bn contract with the home affairs department

Troubled JSE-listed technology services company Gijima’s share price was hammered lower on Tuesday, falling by more than 50% in intraday trading, after it revealed it was being forced to do a huge rights offer to raise cash to stave off financial disaster. But interim

It’s been a good year for most technology stocks listed on the JSE. One notable exception is Gijima, whose share price has tumbled by more than two-thirds in the past 12 months as investors fret about the company’s future. It’s lost nearly half its value since it published its annual results in

Gijima has appointed Eileen Wilton as its interim CEO. This comes after Jonas Bogoshi announced he would step down at the end of the year. Wilton will work alongside Bogoshi until the end of December. Bogoshi has led the company for the past five years. He announced his intention

Jonas Bogoshi, CEO of JSE-listed technology group Gijima, will step down at the end of the year after five years in the job. In a statement to shareholders, the group’s board says there will be a formal handover period of three months to a new CEO. It has

JSE-listed IT services company Gijima has warned it’s going to have to cut jobs to reduce its payroll costs by between 8% and 12%. As part of what it calls an “internal people optimisation strategy”, Gijima plans to “streamline” its operations and restructure its

Public Protector Thuli Madonsela will probe the “flawed” R2,4bn IT tender, “Who Am I Online?”, awarded to technology group Gijima. The contract was awarded in 2007 and later cancelled after costs ballooned. According to City Press newspaper, Madonsela will investigate whether Gijima CEO Jonas Bogoshi

Listed SA IT company Gijima has formed a partnership with US company MobileIron as it ups its focus on the consumerisation of IT in business. Founded in 2007 and based in California, MobileIron provides mobile device management and security to large corporations