The company, already operating under an acting chief executive officer (CEO) in Eileen Wilton, has seen its share price fall 86 per cent in the last twelve months.
Liesl Tweedie has been appointed as acting CFO.
“An acting CFO has been appointed in order to facilitate the process of advertising and interviewing an appropriate candidate to fill the position permanently,” Gijima said.
“The Board has full trust and confidence in Ms Tweedie´s ability and remains positive about the outlook of the company.”
Gijima reported a decline in revenue of 23 per cent in April.