The battle to remove Gordhan and ultimately President Cyril Ramaphosa from office is in full swing, writes Adriaan Basson.
Partly cloudy. Mild.
The PIC inquiry has heard testimony from its final witness on Wednesday - the last of 77 witnesses who provided testimony over the past eight months.
Mr. Tekkie's founders maintain Pepkor - formerly Steinhoff Africa Retail - has failed in its attempt to seek restraint of trade provisions against Mr. Tekkie's founders. But Pepkor says it emerged victorious.
Steinhoff Africa Retail has appointed Wendy Luhabe to its board as an independent non-executive director,
As part of efforts to refinance its debt, Steinhoff is selling off 200 million of its shares in Steinhoff Africa Retail. This is 6% of its stake in the company.
Jayendra Naidoo has tendered his resignation from the Steinhoff International board to focus on his job as chairperson of Steinhoff’s subsidiary Steinhoff Africa Retail Limited.
JSE newcomer Steinhoff Africa Retail has delivered strong results on the back of solid performances by Pep and Ackermans.
The Public Investment Corporation regarded Steinhoff shares as a good buy when it extended R9.35bn to empowerment group Lancaster 101 to buy shares in the retail conglomerate in 2016.
STAR previously said that the Pepkor brand had an 'incredible legacy and history of success'.
The JSE says it will bring recent revelations to the attention of the Frankfurt Stock Exchange.
Despite the struggles of its parent company, the quarterly revenue of Steinhoff Africa Retail (STAR) increased by 15.5% to R18.4bn on the back of a strong performance by its discount clothing stores.
Former Steinhoff CEO Markus Jooste banked a total of R121.8m in earnings in 2017 for services he provided to Steinhoff International, the audited results of Steinhoff Africa Retail reveal.
Which of the two exciting new listings on the JSE offers investors the best chance of success? Werner Erasmus takes a look at Stadio and Steinhoff Africa Retail Limited.
Cape TownemergeR560.00 - R580.00 Per Hour
Cape Townemerge R580 000.00 - R620 000.00 Per Year
Cape Town Southern Suburbs1st Contact T/A Sable International
R 4 950 000
R 6 999 000
R 4 495 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.