PwC Southern Africa appoints Shirley Machaba as its first woman CEO

2019-05-23 09:55

Machaba is taking over the reins from Dion Shango, who is set to become PwC Africa’s new head.

Steinhoff still hopes to publish results on Tuesday, but may again delay

2019-05-07 17:50

The embattled retailer previously announced it would publish the long-awaited results on Tuesday, which would set out its restated financial position for 2017 in the wake of a forensic probe.

Hawks say they are waiting 'anxiously' for access to PwC report into Steinhoff

2019-03-22 14:13

The 3000-page forensic probe into accounting fraud was given to Steinhoff leadership by PwC earlier in the month.

Steinhoff's share bounce fizzles out

2019-03-20 19:07

After gaining 10% earlier in the week, shares in Steinhoff have returned to where they were trading before the multinational retailer released an overview of the PwC forensic report into its books.

Four key things to know from Steinhoff's briefing to Parliament

2019-03-19 18:04

From naming former Steinhoff CEO Markus Jooste as one of eight executives implicated in the PwC forensic report, to arguments around who can have access to the 15 000-page document, here are four things to know from Steinhoff's first appearance before Parliament in 2019.

Your cheat sheet on Steinhoff as its execs head back to Parly

2019-03-19 05:00

Here's what you need to know to get up to date with what's happened at Steinhoff since December 2017 as its leadership, together with the Hawks and the NPA, gets ready to brief Parliament.

The top 5 things to know about the PwC report into Steinhoff and the questions that still remain

2019-03-18 06:30

Sixteen months since its disgraced former CEO Markus Jooste resigned, Stellenbosch-headquartered global retail and furniture group Steinhoff published an 11-page overview of a forensic report by PricewaterhouseCoopers into the company's financials.

Improving female labour participation across the OECD could boost GDP by US$6trn - PWC

2019-03-08 12:19

Improving female participation in the workforce across OECD countries could boost total GDP by US$6trn, according to a new report by PwC.

No more room for govt to raise taxes - economists

2019-02-27 17:53

Raising taxes won't necessarily increase tax revenue, members of Parliament heard.

Ramaphosa's Investment Conference may lead to 165 000 jobs - PwC report

2018-11-14 15:32

While Trade and Industry Minister Rob Minister Davies has said the pledges are "firm commitments", PwC says its rosy projections could change if the investments don't materialise.


Steinhoff says Markus Jooste got $2.4 million bonus without approvals

2019-05-08 13:41

Steinhoff's former chief executive officer received almost $2.4m of bonuses without required approvals in the months before the global retailer almost collapsed amid an accounting crisis.

Steinhoff to release restated financial results for 2017

2019-05-07 06:30

Steinhoff is set to release its restated and audited financial results for 2017 on Tuesday, giving investors insight into how a yearlong forensic probe by PwC has altered the multinational retailer's financial position.

Ferial Haffajee: PwC’s Steinhoff report is a whitewash laced with white privilege

2019-03-22 11:11

Steinhoff’s caretaker board and management have not risen to the challenge of good corporate citizenship, says Ferial Haffajee.

Steinhoff's former CFO assisting authorities with investigations

2019-03-20 13:58

Steinhoff’s former chief financial officer is working with authorities as they investigate questionable transactions that brought the global retailer to the brink of collapse.

STEINHOFF WRAP: MPs slam Hawks for slow progress

2019-03-19 09:35

Follow our live updates from Parliament where Steinhoff executives, the Hawks, the NPA and other regulatory bodies have been briefing Parliament on the status of investigations into the group.

Steinhoff former chairman Wiese says PwC report supports his multi billion rand claim

2019-03-18 16:14

Former Steinhoff International Chairman Christo Wiese says the retailer’s overview of a forensic probe into the company’s accounting irregularities supports his R59 billion claim against the company.

Forensic report into Steinhoff shows top execs inflated profits for years

2019-03-15 18:25

The Stellenbosch-headquartered retailer has provided an overview of a long-awaited forensic probe into its financial statements by PricewaterhouseCoopers Advisory Services.

Steinhoff expects PwC forensic report by mid-March, creates litigation committee to asses lawsuits

2019-02-28 13:50

Steinhoff announced on Thursday that a forensic probe in to the company's financial statements by PricewaterhouseCoopers Advisory Services was "substantially complete" and would be presented to the group's supervisory board by mid-March.

UPDATE: Steinhoff to receive long-awaited PwC forensic report

2019-02-27 05:30

Fourteen months after it was hired to conduct an independent forensic investigation into Steinhoff, PwC is expected to submit its long-awaited report to the company's leadership.

Analysts on mini-budget: Watch those record fuel prices

2018-10-25 21:14

No reference is made in the mini budget about any steps that would address record high fuel prices, caution three experts at PwC.

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