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Gijima stock hit by reports of probe

Jan 23 2012 11:53 Reuters

Company Data

Gijima Group Limited [JSE:GIJ]

Last traded 2
Change 0
% Change -1
Cumulative volume 2356
Market cap 0

Last Updated: 27-03-2015 at 02:50. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Shares of Gijima AST [JSE:GIJ] slid more than 6% after press reports that the information and communication technology company is under investigation by South Africa’s anti-corruption watchdog over the awarding of a government contract.

The department of home affairs gave Gijima the R2.3bn contract to modernise its information systems in 2007.

“The board is confident that nothing untoward will be discovered,” Gijima said in a statement to the JSE.

 
 
 

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Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 

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