EOH cuts debt by $409m as Van Coller continues to build
The company’s management says it has made progress towards building a sustainable organisation, and the business is now more focused and less complex.
Home affairs sets new deadline to deliver biometrics project
The home affairs department intends to finalise the tender issues before the end of the current calendar year, to ensure phase one of the project goes live.
Shunned by Microsoft, EOH forges new software partnerships
EOH moves on after the cancellation of its lucrative Microsoft contract and is courting global tech giants such as Salesforce and Amazon Web Services.
Dodgy tenders dog EOH’s progress
The company faces uncertainty regarding historical taxes that may be due as a result of the impact of the fraudulent transactions.
Mayor Makhubo faces Zondo Commission over EOH payments
The mayor, who allegedly sourced money for his political party from EOH, calls for restructuring of funding for political formations.
Herman Mashaba calls for Makhubo’s removal after EOH payments
The ActionSA leader says he is committed to making sure Geoffrey Makhubo sees his day in court for “his abuse” of the people of Johannesburg.
ANC bigwigs, Joburg mayor named in EOH’s state capture testimony
The Zondo Commission hears that questionable transactions and payments were made by EOH between 2015 and 2017 to some politically-connected individuals.
EOH’s governance issues laid bare at Zondo Commission
The State Capture Commission heard how rogue employees and directors thrived on tender fraud, putting 10 000 jobs at risk.
EOH’s Van Coller testifies at State Capture Commission
Testifying at the commission today, EOH group CEO Stephen van Coller said some sub-contractors were paid for “no work done or dubious work done”.
EOH sells off Syntell for R211m to service debt
The transaction is in line with EOH’s intent to sell non-core assets as it seeks to right-size the group and deleverage its balance sheet.
EOH unit Nextec Advisory goes into liquidation
Tshwane Trust has been appointed as the liquidator after Nextec Advisory failed to implement a successful turnaround strategy.