DA to take EOH, JHB mayor Geoff Makhubo to court - CEO Stephen van Coller responds

Loading player...
SA tech company EOH is in the headlines again, following an announcement that the DA plans to take both the company and Johannesburg mayor, Geoff Makhubo, to court over alleged involvement in corruption. CEO Stephen van Coller joined the BizNews Power Hour to discuss this in further detail. Speaking to host Alec Hogg, van Coller remarks that, “judging by the way they worded [it], I’m sure they’re looking to go after the previous management, as some of them have been implicated. We’ve done a lot of work, as management, to get that information out there and did an independent review, reporting everything we found.” Learn more about your ad choices. Visit megaphone.fm/adchoices
21 May 2021 4AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
29 Jun 12AM 15 min

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min