EOH to sell two IT businesses to Seacom for R145 million
EOH is on a drive to streamline its structure through a series of asset disposals
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EOH is on a drive to streamline its structure through a series of asset disposals
Calls for CEO Stephen van Coller to step down.
The company, which is recovering from a major corruption scandal related to government contracts under previous management, makes 10% of revenues from its businesses outside SA, while 90% is generated locally.
The final week of October capped a month to remember for equity markets, with the S&P 500, Nasdaq and Dow Jones climbing 6.9%, 7.3% and 5.8%.
Disregard for the King Report is evident in the move of Brian Joffe from CEO of Long4Life to the position of board chairman of the firm