German software giant SAP and EOH affiliate company Twenty Third Century Systems have been accused of bribery to secure a multimillion-dollar software contract in Tanzania.
EOH Holdings has suspended some employees involved in deals being reviewed by its lawyers after an anonymous complaint prompted Microsoft to cancel partnership agreements with the JSE-listed IT company.
Microsoft is introducing an improved version of its HoloLens augmented-reality goggles and lowering the price, as it tries to develop a bigger business selling the devices to corporate customers.
EOH CEO Stephen Van Coller sent a letter to employees, clients and shareholders on Friday, reflecting on what has been a week from hell for the JSE-listed IT services group. Read it here.
Corruption will be “dealt with” and anyone at EOH involved in unethical business practices will not get away with it, the IT services group’s CEO, Stephen van Coller, warned on Wednesday.
Amid a the worst crisis in its 21-year history, outgoing EOH chairman Asher Bohbot on Wednesday gave an impassioned speech in defence of the troubled company he founded more than two decades ago.
EOH Holdings, reeling after an anonymous complaint prompted Microsoft to abruptly cancel partner agreements with it, has created an app that will make that process easier for future whistle-blowers.
Exclusive | Microsoft terminated longstanding partner agreements with EOH after an anonymous whistle-blower filed a complaint about alleged malfeasance with the US Securities & Exchange Commission.
EOH Holdings on Friday published an open letter to its stakeholders after its shares were pummelled this week following the news that Microsoft had terminated two partner agreements with its subsidiary, EOH Mthombo. Read the full letter here.
EOH updated shareholders on Wednesday after Microsoft pulled the plug on two partnership agreements, but has still not explained the software giant’s reasons for doing so.