Since 2004, complaints have piled up against Hlophe. The list is filled with allegations you don't want a senior judge to face, writes Adriaan Basson.
Morning clouds. Cool.
Why was PwC "extremely coy" about naming names in its recent Steinhoff forensic overview, asks former Tekkie Town CEO Bernard Mostert in a court document.
Steinhoff International says in excess of 85% of the group's financial creditors have confirmed their support of a proposed extension of a long-stop date.
The former head of embattled retailer Steinhoff is fielding questions from MPs in Parliament on the conglomerate's governance and share price collapse. Here are 5 of his top quotes so far.
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.
Steinhoff Africa Retail will be changing its name to Pepkor holdings, as its seeks to distance itself from its scandal-plagued parent company.
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 the recent walk out by management at Tekkie Town, wanting to "achieve some other goal", the chair of Steinhoff Africa Retail tells Fin24.
Steinhoff Africa Retail has confirmed the resignation of Tekkie Town CEO Bernard Mostert and other senior members of management.
STAR has again said that it is still of the view that it is 'not a party to any such earn out agreement'.
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.
Pepkor (formerly Steinhoff Africa Retail) has delivered a list of Tekkie Town footwear to Mr Tekkie’s attorneys it says the latter may not sell.
Steinhoff created STAR to insulate valueable assets against the subsequent Steinhoff collapse, claims a former Tekkie Town executive.
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.
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 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.
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 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.
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.
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.
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.
Cape Town Northern SuburbsWest Coast PersonnelR26.00 - R30.00 Per Hour
Cape TownMass Staffing ProjectsR500 000.00 - R700 000.00 Per Year
Cape TownCape Town
Apartments / Flats
R 13 500
Apartments / Flats
R 985 000
R 1 195 000
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