Battered EOH determined to cut debt

Technology group, EOH's annual loss has widened as it makes progress on cleaning up the business from a governance and structural perspective. The forensic report by ENS Africa which previously flagged suspicious transactions of R1.2 billion at the company has been modified to R935 million.

And EOH has blacklisted and suspended payments to 50 implicated enterprise development partners - adding that that its focus will now be on reducing debt and improving governance.

Company's CEO, Stephen van Coller joined Business Day TV to discuss the full-year numbers and how the company is positioning itself for future growth.