ARTICLES RELATING TO STEINHOFF AFRICA RETAIL

Tekkie Town founder sues STAR, Pepkor for R41.6m

2018-08-02 06:29

Tekkie Town founder Braam Van Huyssteen is suing Steinhoff Africa Retail and Pepkor Speciality for breach of contract and wants them to pay him R41.6m.

99.99% of Steinhoff Africa shareholders back name change to Pepkor Holdings

2018-07-21 18:29

Steinhoff Africa Retail will be changing its name to Pepkor holdings, as its seeks to distance itself from its scandal-plagued parent company.

Battle between former Tekkie Town execs and Steinhoff Africa Retail heats up

2018-07-10 17:30

With court cases pending in both George and Cape Town, the battle between former executives of Tekkie Town and its holding company STAR is heating up.

'Somebody' may be behind Tekkie Town walk out - STAR chair

2018-06-28 20:58

"Somebody" may be behind the recent walk out by management at Tekkie Town, wanting to "achieve some other goal", the chair of Steinhoff Africa Retail tells Fin24.

Tekkie Town CEO Bernard Mostert resigns after walk-out

2018-06-26 14:59

Steinhoff Africa Retail has confirmed the resignation of Tekkie Town CEO Bernard Mostert and other senior members of management.

Steinhoff Africa Retail confirms summons from Tekkie Town founders

2018-06-04 17:45

STAR has again said that it is still of the view that it is 'not a party to any such earn out agreement'.

Steinhoff now 98% down on all-time high

2018-05-30 13:29

After extending its slide from the previous session's 10% drop, shares in global furniture and retail conglomerate Steinhoff International reached a new low in early trade.

Steinhoff Africa Retail defends performance as headline earnings halve

2018-05-29 11:54

The retailer, which listed on the JSE in mid-September 2017 and incorporates Steinhoff's Africa-focused retail firms, says the comparability of its statutory results was 'limited' by changes and restructuring.

STAR raises R18bn to repay Steinhoff International

2018-05-23 13:48

Steinhoff Africa Retail has successfully raised R18bn from financial institutions to repay its shareholder funding provided by Steinhoff International Holdings.

Steinhoff raises R3.75bn in STAR share sale

2018-04-12 10:18

The embattled retail conglomerate launched an accelerated book build sell 200 million of its shares in Steinhoff Africa Retail to help refinance debt.

 

STAR, former Tekkie Town execs settle confidential data matter

2018-07-31 19:26

An agreement has been reached in a court case between Steinhoff Speciality Fashion and Footwear and a number of former Tekkie Town executives who resigned in June.

Steinhoff Africa seeks to limit Pepkor share plan damage

2018-07-15 19:30

Steinhoff Africa Retail will be advised by the end of next month how much it may need to pay to settle a controversial management-incentive plan devised by Pepkor.

Animosity, lack of support reasons for Tekkie Town walk out - former CEO

2018-06-29 13:05

It was "animosity" between senior leadership of Steinhoff Africa Retail and Tekkie Town's founder that preceded a spate of resignations,claims the former CEO.

Steinhoff Africa extends share slide as Tekkie Town CEO quits amid lawsuit

2018-06-27 10:26

Steinhoff Africa Retail shares have continued their slide after Tekkie Town head Bernard Mostert quit alongside fellow senior managers following a legal claim lodged against the retailer.

Steinhoff Africa, Brait put investors on hook for manager loans

2018-06-21 20:15

In 2011, two companies linked to billionaire Christo Wiese offered managers the option to buy shares in the businesses funded by bank loans guaranteed by the companies.

Steinhoff Africa Retail is said to fail to attract Remgro interest

2018-06-04 16:31

STAR may have to eliminate billionaire Johann Rupert’s Remgro from a list of potential new investors as it seeks to distance the retailer from its scandal-hit parent.

Pepkor's back, as Steinhoff Africa Retail announces name change in wake of scandal

2018-05-29 14:37

JSE-listed retailer STAR, which has Steinhoff International as majority shareholder, will be changing its name back to Pepkor Holdings in the wake of the Steinhoff debacle.

Steinhoff Africa Retail parts ways with auditor Deloitte.

2018-05-23 17:07

STAR says PricewaterhouseCoopers has been appointed as its external auditor.

Johan van Zyl steps down from Steinhoff board ahead of AGM

2018-04-18 15:24

Johan van Zyl, a member of Steinhoff’s supervisory board, has stepped down just days before the global retail group’s annual general meeting.

Steinhoff wants to pay board members up to R2.9m for handling fallout

2018-03-23 09:51

The payments will be voted on at its annual general meeting, which is set to take place in April in the Netherlands, where the conglomerate is registered.

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