The board of Gijima, the technology group now 100% owned and controlled by businessman Robert Gumede, will sign off on its multi-year turnaround at the end of the financial year to June 2016, its
Former MTN Group CEO Sifiso Dabengwa and two other well-known ICT industry executives, Alan Farthing and Clive Butkow, have joined the board of the recently delisted technology group Gijima
Technology group Gijima, which plans to delist from the Johannesburg Stock Exchange soon, is in trouble with the bourse after failing to submit its interim report within the three-month period stipulated
Long-troubled technology group Gijima looks set to delist from the JSE after chairman Robert Gumede’s Yebo Guma Investments made an offer on Tuesday evening to buy out the remaining minority shareholders. Guma has
One has to wonder if Eileen Wilton, the eminently likeable CEO of Gijima, rues the day she joined the company as chief operating officer in June 2012. Within months of her taking on the role, Gijima’s then-CEO, Jonas Bogoshi
Gijima’s share price plunged by 36% on Monday, reaching a new record low of 9c/share, as investors fret about the struggling technology services company’s ability to survive. The share has come under considerable pressure in recent weeks as it gears up for a second rights offer in as many years. A rights offer is a way
Financially distressed technology services company Gijima has appointed Bill Hoggarth, who was named as its chief sales officer in May, to its board of directors. Gijima, which is currently seeking to raise R100m from shareholders through a new rights offer, says Hoggarth’s appointment as an executive
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
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