EOH CEO Stephen van Coller, who’s been on a mission to clean up the technology company’s reputation since his appointment almost two years ago, has lashed out at the JSE for punishing it for the transgressions of previous management.

It’s a "bittersweet day", Van Coller said in a letter published in Business Day, after the stock exchange slapped the company with a R7.5m fine, the maximum it can impose, for 2017 and 2018 results that understated losses. (Read the letter here (https://www.businesslive.co.za/bd/opinion/letters/2020-07-29-letter-hobsons-choice-for-eoh/).)..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.