The events that have unfolded in the DA have shown that Zille has more influence than Maimane. He serves at her pleasure, writes Ralph Mathekga.
High level clouds. Mild.
The older money in Stellenbosch was bemused to see a company with no consumer-facing profile suddenly appear on rugby jerseys.
A PwC report into Steinhoff’s alleged fraudulent practices is set to be released within the next week.
Questions about Christo Wiese’s knowledge of former Steinhoff CEO Markus Jooste’s duplicity remain – how could he not have known? In this interview, Wiese speaks candidly to finweek about the scandal.
The undeveloped plot is in Val de Vie’s elite Gentlemen's Estate.
There are excellent businesses in the Steinhoff group, magnate Christo Wiese said in a new interview. The ones he sold it, for instance.
Steinhoff appears to have bought the ultra-luxury "East West", in Mouille Point in Cape Town, from Investec's Bernard Kantor just before things fell apart.
Many of them were apparently involved in suspect Steinhoff deals.
During his recent appearance in Parliament, former CEO of Steinhoff, Markus Jooste, said that he had lost R3bnwith the implosion of the company’s share price. But this number should be put into context.
Tekkie Town founder Braam van Huysteen lost a fortune to Steinhoff. Yet he says he doesn't hold a grudge – not against Jooste.
"... this is not how partners behave when one has a temporary problem..."
Since admitting to ‘accounting irregularities’ in December, Steinhoff has done little to calm investors’ fears. Should investors expect the worst?
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