Steinhoff report to police said to include three executives plus Jooste

2018-11-07 12:30

Steinhoff International has provided South African police with information about a set of transactions involving three more former executives who may have contributed to its accounting crisis.

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.

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.

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.

Steinhoff Africa Retail to officially change name to Pepkor in mid-August

2018-08-03 15:02

STAR previously said that the Pepkor brand had an 'incredible legacy and history of success'.

BOOK EXTRACT: Steinhoff - the bombshell hits

2018-07-23 10:26

A big question mark hangs over the actions of the investment and financial community in South Africa. How did so many completely miss the Steinhoff signs, asks James Brent-Styan.

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.

Christo Wiese implicated in tax avoidance scheme, amaBhungane reports

2018-07-19 08:49

The investigative journalism unit reported that Wiese and three other people were being investigated by SARS as part of a larger tax claim case stemming from the restructuring of an oil company called Tullow.

Steinhoff bought forests linked to executives at inflated prices

2018-07-10 08:22

A company linked to executives of Steinhoff bought South African forestry plantations and then sold them for five times their original value.

Billionaire Christo Wiese cuts Shoprite stake to free up about R3.8bn

2018-06-27 09:13

Billionaire Christo Wiese will reduce his stake in Africa’s biggest supermarket chain by about R3.8bn as the businessman most stung by the near collapse of Steinhoff boosts his liquidity.

 

Jooste advised friends to sell Steinhoff stock before collapse

2018-10-10 19:38

South Africa’s financial regulator has been made aware of the message to sell the South African retailer’s shares days before the stock collapsed, according to two people familiar with the situation.

Steinhoff: Former CEO Markus Jooste's top 5 quotes to Parliament

2018-09-05 12:24

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.

Christo Wiese: All I want to know from Steinhoff's Markus Jooste is, ‘Why’?

2018-09-04 19:20

Almost nine months to the day since Steinhoff began its precipitous fall on December 6 last year, its 57-year-old former CEO Markus Jooste will come out of seclusion to face a grilling at Parliament on Wednesday.

Christo Wiese given Carte Blanche

2018-08-13 14:51

It was utter disappointment and dejection I felt after watching the usually firebrand Devi Sancri Govender meekly hosting a PR piece for Steinhoff Kingpin Christo Wiese.

Steinhoff's Dirk Schreiber steps down amid push to improve oversight

2018-07-25 18:01

Steinhoff International Holdings has replaced Dirk Schreiber on the boards of two key units as the embattled retailer seeks to bolster independent oversight.

Wiese: This is the first time I've been sued by SARS

2018-07-22 19:00

SA billionaire businessman Christo Wiese maintains his tax affairs are in order and says this is the first time he has ever been sued by SARS.

Wiese: Forensic report will reveal what went wrong at Steinhoff

2018-07-20 19:50

Former Steinhoff board chairperson Christo Wiese said that the forensic investigation into the global retailer would ultimately reveal how accounting fraud took place.

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.

THE STEINHOFF SAGA: Part three - Crimes of entitlement

2018-06-30 09:00

In a series of in-depth features, the University of Stellenbosch Business School sheds light on Steinhoff's remarkable growth – and spectacular collapse. This is part three: when charismatic leaders turn corrupt.

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.

Traffic Alerts

Jobs in Cape Town [change area]

Jobs in Western Cape region

Cluster Financial Manager

Cape Town
Network Finance
R950 000.00 - R1 000 000.00 Per Year

Reporting Accountant

Cape Town
Network Finance Professional / Prudential
R310 000.00 - R360 000.00 Per Year

IT Manager (contract)

Cape Town CBD
Communicate Cape Town IT
R330 000.00 - R458 000.00 Per Year

Property [change area]

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.