{"id":46869,"date":"2013-09-30T15:20:11","date_gmt":"2013-09-30T13:20:11","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=46869"},"modified":"2013-10-01T09:25:41","modified_gmt":"2013-10-01T07:25:41","slug":"gijima-to-reveal-new-ceo","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/it-services\/46869\/gijima-to-reveal-new-ceo\/","title":{"rendered":"Gijima to reveal new CEO"},"content":{"rendered":"<p><a title=\"Gijima\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2341-Gijima\">Gijima<\/a> chairman <a title=\"Robert Gumede\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2725-Robert-Gumede\">Robert Gumede<\/a> says that the\u00a0appointment\u00a0of a permanent chief executive at the financially-troubled ICT firm is expected next week.<\/p>\n<p>On Monday, Gijima reported a R210.76 million loss for year ended June 2013, from a prior loss of R50.59 million in 2012.<\/p>\n<p>The group said that the loss of two\u00a0significant contracts that expired after several years of delivery in the previous financial year, a tough market and significant\u00a0top-line pressure on a major project, contributed to a challenging financial year.<\/p>\n<p>Revenue from continuing operations declined to R1.848 billion, from R2.22 billion, with an operating loss from continued operations at R335.6 million, from R72.1 million in 2012.<\/p>\n<p>Gijima has been without the services of a permanent CEO for just under a year, having\u00a0having appointed\u00a0<a title=\"Eileen Wilton\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/5369-Eileen-Wilton\">Eileen Wilton<\/a>, who joined the group as\u00a0COO,\u00a0as interim chief in October 2012.<\/p>\n<p>Speaking at the presentation of the group&#8217;s results in Sandton Gumede said: &#8220;We have been\u00a0focused on addressing that\u00a0issue\u00a0(a new CEO). For us the priority of this appointment is a priority.&#8221;<\/p>\n<p>Gumede added\u00a0that the group would make \u201cfinalisation\u201d on the appointment by the latest Wednesday (9 October).<\/p>\n<h3 class=\"my-4\">More news on Gijima<\/h3>\n<p><a title=\"Gijima suffers heavy loss\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/46833\/gijima-suffers-heavy-loss\/\"><strong>Gijima suffers heavy loss<\/strong><\/a><\/p>\n<p><a title=\"Gijima sees wider losses\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/46450\/gijima-sees-wider-losses\/\"><strong>Gijima sees wider losses<\/strong><\/a><\/p>\n<p><a title=\"Gijima CFO steps down\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/41527\/gijima-cfo-steps-down\/\"><strong>Gijima CFO steps down<\/strong><\/a><\/p>\n<p><a title=\"Gijima steps towards turnaround\" href=\"http:\/\/businesstech.co.za\/news\/general\/41067\/gijima-steps-towards-turnaround\/\"><strong>Gijima steps towards turnaround<\/strong><\/a><\/p>\n<p><a title=\"Gijima rights offer results\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/40516\/gijima-rights-offer-results\/\"><strong>Gijima rights offer results<\/strong><\/a><\/p>\n<p><a title=\"Gijima to cut staff count by 10%\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/35127\/gijima-to-cut-staff-count-by-10\/\"><strong>Gijima to cut staff count by 10%<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gijima chairman Robert Gumede, says that the appointment of a permanent CEO for the group is imminent.<\/p>\n","protected":false},"author":10,"featured_media":24078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[4346,641,26,2781],"class_list":["post-46869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-it-services","tag-eileen-wilton","tag-gijima","tag-headline","tag-robert-gumede"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/46869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=46869"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/46869\/revisions"}],"predecessor-version":[{"id":46917,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/46869\/revisions\/46917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/24078"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=46869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=46869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=46869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}