Steinhoff's salvage process stalls as former partner digs in

2019-01-11 17:57

Steinhoff's effort to rescue its European business has been delayed after a challenge from a company linked to Andreas Seifert, its former Austrian partner.

UPDATE: Ayanda Mabulu warned not to return to scene exhibiting 'blame it on the boers' artwork

2018-12-12 20:42

Gauteng police say controversial artist Ayanda Mabulu was not arrested but was merely removed from outside the Johannesburg Stock Exchange, following a display of his artwork stating, "blame it on the boers".

Book on Steinhoff's demise shows danger of 'big men' business leaders

2018-11-25 10:04

Part of the problem was the dominant view that the company could never go wrong, says Mills Soko.

Steinheist: The 'buying group' swindle

2018-11-18 06:00

Perhaps the most audacious swindle that Markus Jooste pulled off was convincing his directors that he was part of a massive "buying group" that swung rebates for the company, writes Rob Rose.

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.

SEE: Markus Jooste's daughter’s luxury Stellenbosch house is on sale for R13.2m

2018-10-26 21:43

The infamous former Steinhoff billionaire’s daughter and son-in-law have put their luxury home in Stellenbosch up for sale.

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.

Bernard Mostert: Why we still dream big after Steinhoff

2018-09-26 14:27

We will invest R500m in SA at a stage when everyone encourages us not to, says former Tekkie Town CEO Bernard Mostert.

Video
 WATCH: Markus Jooste's top quotes to Parliament

Markus Jooste, the former head of the embattled retailer Steinhoff, fielded questions from MPs in Parliament on the conglomerate's governance and share price collapse. These are News24's top picks. Watch.

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Jooste pins Steinhoff collapse on businessman Andreas Seifert

2018-09-05 16:10

Steinhoff’s former CEO Markus Jooste has blamed the collapse of the share price on market uncertainty created by the delayed release of the 2017 financial statements due to allegations of accounting irregularities by a former business associate.

 

From Steinhoff to 'pimping' the budget: 2018's top moments from inside Parly

2018-12-27 12:41

Fin24 reflects on some of 2018's top moments within the walls of Parliament.

South Africa probes seven accounts for Steinhoff insider trading

2018-12-07 13:30

South Africa’s financial regulator is investigating seven trading accounts that sold Steinhoff International Holdings NV shares in the weeks leading up to the global retailer’s disclosure of accounting irregularities and subsequent share-price collapse a year ago.

New Steinhoff CEO 'largely untainted by the stink' - author of Steinhoff book

2018-11-19 21:57

Danie van der Merwe's decision to step down as Steinhoff's acting CEO is long overdue, James-Brent Styan, author of the book Steinhoff: Inside SA's Biggest Corporate Crash, tells Fin24.

More South African investors join international litigation against Steinhoff

2018-11-07 15:38

Over 100 000 Steinhoff shareholders have registered with the International Steinhoff Litigation group.

5 Questions: Steinhoff, KPMG, VBS - Saica acting CEO on how the accounting industry is feeling the heat

2018-10-28 16:59

From Steinhoff CEO Markus Jooste to several senior KPMG staff and a number of VBS Mutual Bank executives, acting CEO of the SA Institute of Chartered Accountants Fanisa Lamola talks to Fin24 about the state of the accounting industry in SA.

Jooste, Steinhoff knowingly paid us in 'fool's gold', says ex-Tekkie Town CEO in court papers

2018-10-12 06:01

Steinhoff created STAR to insulate valueable assets against the subsequent Steinhoff collapse, claims a former Tekkie Town executive.

Shareholders win right to sue Steinhoff in Netherlands

2018-09-26 18:27

A shareholder group got a green light to sue Steinhoff International in the Netherlands, kicking off a legal fight to recover some of the billions of dollars investors lost.

FERIAL HAFFAJEE: Why is Markus Jooste in Parliament and not on trial?

2018-09-06 07:17

The former Steinhoff CEO was able to bluster his way through a three-hour appearance at Parliament on Wednesday instead of being subject to cross-examination in a criminal trial, says Ferial Haffajee.

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.

‘It wasn’t me’ – decoding former Steinhoff CEO Markus Jooste

2018-09-05 14:25

Markus Jooste delivered a remarkable performance in Parliament on Wednesday during a joint meeting of various parliamentary committees, pinning the virtual collapse of Steinhoff International on external factors rather than his own conduct.

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