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Johannesburg skyline. Clodagh Da Paixao/Unsplash.com The City of Johannesburg has reassured residents that the end of an SAP support contract with EOH Holdings will not affect them as the situation is “under control”. This is after JSE-listed IT services group EOH, through its EOH Mthombo subsidiary, gave the city forewarning that it would not seek to have the contract extended again without a full new tender being issued. That’s according to EOH CEO Stephen van Coller, who said in an interview with TechCentral that the contract with the City of Johannesburg had already been renewed “...

Apr 30, 2021 EOH is once again in the media for issues pertaining to the Microsoft licence sales to the Department of Defence (DoD), and the City of Johannesburg contracts. In addition, EOH has become embroiled in a dispute between AYO and certain financial institutions. Stephen van Coller, EOH group CEO, comments: “The recent heightened media activity that EOH has encountered over the last few weeks, is largely as a result of EOH’s transformation strategy which has been systematically and regularly reported to all stakeholders. “In our quest to become an ethically sound and sustainable...

BL PREMIUM 30 April 2021 - 08:00 Shawn Stockigt EOH, once one of the JSE’s biggest technology conglomerates, has reached a delicate juncture in its turnaround journey. The latest interim results show that management has found traction in rightsizing the business, but some stern challenges remain... BL Premium This article is reserved for our subscribers. A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Su...

EOH manages to reduce its half-year loss by more than 80% By Sandile Mchunu Share DURBAN - EOH HOLDINGS yesterday said it had managed to reduce its half-year loss by 83 percent as it continued to clean up an image tarnished by problematic legacy contracts that almost brought the company to its knees. The information technology group said it made significant progress in closing out the contracts and five of the eight that were in the public sector had been settled. It said one of the contracts was ceded to a subcontractor with settlement currently in arbitration, another would conclude at the ...

MONEYWEB app instead? EOH’s interim revenue falls 29% ‘We have seen a significant reduction in one-off costs and are confident our legacy issues are now under control’ – CEO. By Duncan McLeod 14 Apr 2021  09:37  Open: EOH Holdings said on Wednesday that its six-monthly revenue, for the period ended 31 January 2021, fell by 29% year on year, mostly due to the disposal of businesses, and said legacy public-sector contract problems are now “under control”. Though still loss-making, EOH appears to be on the path to profitability, reporting an 83% improvement in its head...