How to get South Africa out of recession

2018-09-23 10:06

Since 2011, South Africans have experienced weak economic growth, high unemployment, low commodity prices, declining investment levels, greater household dependency on credit and policy uncertainty.

How to grow a moral economy

2018-09-09 06:21

This week, our economy entered a technical recession. However, our moral recession has long been the new normal, says Gayle Edmunds.

Jooste vs La Grange vs Wiese: Who is telling the truth about Steinhoff?

2018-09-05 17:43

Markus Jooste's testimony in Parliament on Wednesday contradicted former Steinhoff CFO Ben la Grange’s testimony, as well as former chairperson Christo Wiese's version of events.

WRAP: Jooste washes hands of Steinhoff collapse

2018-09-05 09:20

At no point in former Steinhoff CEO Markus Jooste's testimony before Parliament, did he take responsibility for the fallout at the retailer.

TIMELINE: Markus Jooste and Steinhoff's R200bn fall in market cap

2018-09-05 07:48

Former Steinhoff CEO Markus Jooste is on Wednesday expected to make his first public appearance since auditors flagged irregularities in the retailer’s accounts.

Steinhoff: Parly hears why the Hawks can't interrogate Jooste

2018-08-30 14:28

The Hawks can’t interrogate former Steinhoff CEO Markus Jooste because a statement from Steinhoff's audit committee chair is still outstanding, Parliament has heard.

9 things you should know about Steinhoff’s appearance in Parliament – and why its shares surged 25%

2018-08-29 19:57

Steinhoff share price rose from R2.22 to R3.00 during the course of a hearing on Wednesday, before closing at R2.75, as investors liked what they heard.

Jail the culprits, take their 'stuff' to curb more scandals like Steinhoff, urges author

2018-08-15 14:48

Putting culprits in jail and taking their "stuff" are the only ways to deter Steinhoff kinds of scandals, says the author of a book on the embattled retailer.

Tekkie Town founders announce new chain store Mr. Tekkie

2018-08-13 21:21

Amid a court challenge over Steinhoff's acquisition of Tekkie Town, Tekkie Town's founders have announced the launch of a new retail chain supplier of branded sports apparel and footwear.

 

Claims of ‘intimidation, veiled threats’ as Pepkor, Tekkie Town row intensifies

2018-09-14 20:53

The battle between Pepkor and former executives of Tekkie Town is heating up amid allegations of intimidation.

Video
 WATCH: Markus Jooste's top quotes to Parliament

Markus Jooste, the former head of the embattled retailer Steinhoff, fielded questions from MPs in Parliament on the conglomerate's governance and share price collapse. These are News24's top picks. Watch.

0 comments8833 Views

Jooste pins Steinhoff collapse on businessman Andreas Seifert

2018-09-05 16:10

Steinhoff’s former CEO Markus Jooste has blamed the collapse of the share price on market uncertainty created by the delayed release of the 2017 financial statements due to allegations of accounting irregularities by a former business associate.

Steinhoff: Former CEO Markus Jooste arrives at Parliament

2018-09-05 09:10

Former Steinhoff CEO Markus Jooste has arrived at Parliament. Jooste, who has not been seen publicly since his resignation in December over accounting regularities, is expected to appear before several Parliamentary committees at 10:00.

What corrupt companies should do to regain our trust

2018-09-05 06:30

Trust is an intangible but vital currency in a healthy economy. Getting it back once it’s gone is difficult but doable, and SA has its work cut out, says Tim London.

Challenging nine months sees Steinhoff deliver 2% revenue growth

2018-08-31 15:23

Steinhoff reported revenue growth of 2% for the nine months ended June 30.

La Grange's input 'insightful', say MPs

2018-08-29 20:45

Members of Parliament have found the evidence presented by former Steinhoff CFO Ben la Grange to be "insightful", providing more clarity on what went wrong at the retailer.

KAP Industrial moves beyond Steinhoff pain in horrid year

2018-08-16 20:27

KAP Industrial is finally seeing an end to the damage from its association with scandal-plagued Steinhoff International.

Someone must take the fall at Steinhoff - maybe even more than one individual, says strategist

2018-08-15 11:53

Steinhoff did a good job in projecting only the positive and never deviated from its openly communicated strategy, says a strategy and change leadership expert.

Steinhoff lawsuit seeks damages for period not covered in other countries - attorney

2018-08-10 17:45

A class action lawsuit mounted against Steinhoff is an "international loss recovery effort", an attorney connected to the case said on Friday.

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

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.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.