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.

Steinhoff shares jump 40%, reach best price in two months

2018-07-03 15:05

Unaudited half-year financials released by Steinhoff on Friday, while far from positive, appear to have provided investors with a measure of clarity.

How saving Steinhoff became Heather Sonn's 14-hour-a-day mission

2018-05-18 06:20

When things are broken, I want to fix them, says current Steinhoff chairperson Heather Sonn, who, until December, was running a small investment firm in Cape Town.

5 things we learned from the Steinhoff annual general meeting

2018-04-20 16:38

Absa's former CEO almost got booted off the supervisory board and forensic investigators found Steinhoff's aggressive deal-making inflated its income and asset value.

All eyes on Steinhoff's first AGM since accounting fiasco hit global retailer

2018-04-20 06:40

Steinhoff shareholders will get the opportunity to pose questions directly to the company’s leadership, when the global retailer holds its Annual General Meeting in the Netherlands.

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.

Steinhoff announces fall in revenues

2018-02-28 19:47

The embattled retailer announced in a trading update that its revenues for Q1 2018 had decreased by 5% over the same period last year.


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.

Steinhoff write-offs pass R198 billion as accounts crisis deepens

2018-06-30 13:06

Steinhoff has written off the value of assets by €12.4bn (about R198bn) and counting, as the embattled retailer works out what it can salvage from the wreckage of an accounting scandal.

Steinhoff pleads to save ‘burning building’

2018-04-22 10:12

Steinhoff International’s acting chairperson likened the retailer to a burning building when the accounting scandal broke four months ago, appealing for shareholder support for an ongoing investigation into the smoldering wreckage.

This is what it looks like inside Steinhoff's tense annual general meeting

2018-04-20 13:38

Roughly 30 shareholders and shareholders representatives attended a live stream of the meeting in the Cape Town International Convention Centre (CTICC).

Steinhoff scraps vote on extra pay for directors at AGM

2018-04-05 09:13

Chairperson Heather Sonn says Steinhoff does not want the proposal for once-off payments to detract from 'critical matters' to be considered at its upcoming Annual General Meeting.

Steinhoff accounting scandal may date back to at least 2014 - reports

2018-03-01 15:59

Leaked emails appear to show evidence that former Steinhoff CEO Markus Jooste was in contact with German Steinhoff managers in 2014 about allegedly manipulating data.

Steinhoff calls in heavyweights to help defuse accounts crisis

2017-12-09 19:22

Steinhoff International's response to an accounting scandal that wiped €11bn from the value of the global retailer, has been to assign three board members to keep a closer eye on corporate governance.

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