Black knight Gijima comes to rescue
A new sense of optimism now prevails in the corridors of what used to be AST, since its rescue from what was technically an insolvent position by black IT company Gijima. Management hopes that new blood, a stronger balance sheet, and empowerment credentials will finally lay to rest the negativity and scepticism of the past.
03 October 2005
“Regard your good name as the richest jewel you can possibly be possessed of,” wrote Socrates in antiquity, “for credit is like fire; when once you have kindled it you may easily preserve it, but if you once extinguish it, you will find it an arduous task to rekindle it again.”
The directors of GijimaAST, newly formed from the merger between black-owned company Gijima and the much larger – by revenue – AST Group, would nod at this quotation, before launching into the reasons why things are better now.
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