EOH looks beyond SA for growth
First-half revenue declines in ‘challenging environment’
26 March 2024 - 09:29
UPDATED 26 March 2024 - 19:24
Technology group EOH continues to look beyond SA for growth and to reduce its reliance on the country while diversifying its exposure to SA’s downturn and lacklustre economic prospects.
“SA continues to go through an immensely challenging period as it battles low growth, high unemployment, persistent load-shedding, high inflation and interest rates, a weak currency, greylisting by FATF [Financial Action Task Force] and deteriorating investor sentiment,” outgoing CEO Stephen van Coller said as the group reported interim earnings to January. ..
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