Gijima’s share price tanked on Wednesday after the company revealed it has decided to suspend dividend payouts, with no indication that the payments will be reinstated any time soon
Browsing: Jonas Bogoshi
After 10 months of uncertainty surrounding the future of the controversial “Who Am I Online?” project, the department of home affairs and JSE-listed technology services group Gijima have
Jonas Bogoshi’s rise to become leader of one of SA’s most prominent listed IT companies, Gijima, is filled with stories of how he overcame hardship. The rags-to-riches story is a fairly common one shared by SA’s black elite, but
The department of home affairs has less than a month to decide on a last ditch proposal presented to it by JSE-listed IT services group Gijima over the disputed “Who am I Online” technology project. Gijima CEO Jonas Bogoshi says the group now has an idea of what government’s needs are and it has presented a final proposal to the department.
JSE-listed technology group Gijima has its sights on the local telecommunications market. It says it will either acquire or partner with a company that has its own network. CEO Jonas Bogoshi says Gijima has decided to play a more direct role in cloud computing, including hosted services and voice and data technologies.
A decline in revenue was not enough to stop JSE-listed IT services group GijimaAst from reporting a 33% leap in normalised headline earnings per share in the six months to 31 December 2009. It has amassed R623m in cash and declared an interim maiden dividend of 2,5c/share. It’s a significant turnaround for an IT group that little more than five years ago was in dire financial straits
Amid the worst recession in a generation, IT services company GijimaAst is pumping financially, thanks to increased spending on technology…