KAP distances itself from embattled Steinhoff

2018-02-14 07:37

KAP Industrial Holdings, which is 43% owned by Steinhoff International, is scrapping two business deals with the group.

Inside Labour: Jooste, Sun Met and union pickets

2018-01-26 06:00

Unions can - and should - play a vital role in challenging a system that encourages profiteering and allows the rich and powerful to bribe state organs to do their bidding, says Terry Bell.

Steinhoff cites lender support as retailer strives for recovery

2018-01-18 19:04

The Stellenbosch-headquartered retailer said it had won the support of South African lenders, as it attempts to survive an accounting scandal.

JPMorgan R1.7bn loan loss said to be tied to Steinhoff

2018-01-12 15:00

The bank's equities business has taken a big hit from the Stellenbosch-headquartered retail conglomerate.


French bank said to auction off R2.2bn in Steinhoff debt

2018-02-07 16:59

The debt sale by Natixis SA will add to a spate of Steinhoff debt sales since the retailer flagged accounting irregularities in its books last year.

Steinhoff raises R7.1bn from sale of PSG shares

2018-01-23 07:43

The sale is the latest in a line of disposals aimed at shoring up the retailer’s battered balance sheet.

German criminal probe into Steinhoff could still take 'several months'

2018-01-12 19:48

Four as yet unnamed employees are being investigation on suspicion of falsifying company balance sheets.

Chasing Markus Jooste's shadow in Hermanus

2018-01-08 18:10

"No, Markus hasn’t been here... " That’s the standard response from neighbours and residents of Hermanus, where the disgraced former Steinhoff CEO has a holiday home.

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