03 December 2020 1 Min Read

News Leader

WATCH: How EOH’s turnaround strategy is faring

EOH CEO Stephen van Coller talks to Business Day TV about how he plans to lead the group’s turnaround strategy

in Companies / Telecoms & Technology by Business Day TV

Stephen van Coller. Picture: FREDDY MAVUNDA

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EOH’s turnaround plan is bearing fruit. The technology group has narrowed its annual loss by 72% and reduced its gross debt by 20%.

But the company is not out of the woods yet, and faces uncertainty around historical taxes linked to fraudulent transactions and is still engaged with lenders on finalising a long-term capital structure.

Business Day TV spoke to EOH CEO Stephen van Coller for more detail.

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