The one positive of this, even if some of it is depressing, is that there'll be life on the other side, writes Adriaan Basson.
In a complex set of contracts, the tycoon has protected himself from a fall in Shoprite's share price.
Prof Shirley Zinn, the lead independent director of Shoprite, has resigned with immediate effect.
Paul Roelofse 'led a number of pioneering transactions during his banking career,' the group said.
Due to "inadvertent errors", the initial results of a recent shareholder vote at Brait were wrong.
Shoprite Holdings is negotiating with billionaire Christo Wiese's Thibault Square Financial Services over the aquisition, redemption and cancellation of deferred Shoprite shares held by Thibault, in a move that would see Thibault giving up the shares that hold more influence in voting.
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.
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.
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.
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 International Holdings has replaced Dirk Schreiber on the boards of two key units as the embattled retailer seeks to bolster independent oversight.
Christo Wiese will retire as board chairperson of Shoprite, by the next annual general meeting.
A clear majority of shareholders in Shoprite voted against him at this week's annual general meeting.
The broad debt-reduction plan could involve fund raising, cost cuts and asset sales.
In his latest book, Pieter du Toit - News24's Assistant Editor for in-depth news - explores the roots of Stellenbosch, and closely examines its "club" of billionaires.
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.
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.
Former Steinhoff CEO Markus Jooste is on Wednesday expected to make his first public appearance since auditors flagged irregularities in the retailer’s accounts.
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.
STAR previously said that the Pepkor brand had an 'incredible legacy and history of success'.
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.
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