A drunken late-night call and a ‘double agent’: new dispatches from the war over Tekkie Town

2018-09-27 08:22

New salvos have been fired in the war between Pepkor and the former top brass of Tekkie Town.

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.

WATCH: Markus Jooste starts his testimony in Parliament

2018-09-05 10:04

The former Steinhoff CEO is speaking publicly for the first time since he abruptly resigned from the company he ran amid an accounting scandal.

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.

Steinhoff's former CFO Ben La Grange to appear before Parliament

2018-08-29 07:27

La Grange will appear before a joint sitting of four Parliamentary committees to talk about “institutional flaws and challenges” facing the country’s financial regulatory framework.

The JSE says Steinhoff screwed over investors – so it must pay a R1 million fine

2018-08-21 09:11

Steinhoff Investment Holdings' failure to tell investors about changes in its Moody's ratings – twice – has earned it public censure, and a R1 million fine.

Firms linked to Markus Jooste, Claus Daun bagged millions dealing in cheap JD stock

2018-08-08 08:38

A few years after taking the reins of the retailer that became Steinhoff International, Markus Jooste was involved in a series of complex trades that yielded a multimillion-rand payday for companies linked to him and board member Claas Daun.

Steinhoff proceeding with sale of Austrian subsidiary Kika-Leiner

2018-07-13 20:02

Following the go-ahead from the competition authorities, Steinhoff says it has completed the sale of the Austrian operating company of furniture retailer Kika-Leiner.

Bruce Whitfield: Court papers allege conspiracy, theft, and Christian video as Tekkie Town founders tried to force Steinhoff to sell

2018-07-07 18:32

Court papers show the Tekkie Town founders made Steinhoff Africa Retail a R2 billion offer – at roughly the same time as the company’s IT systems were under attack in what an apparent turncoat now says was an organised conspiracy.

Steinhoff is back from the dead - its share price rallied 50% in a morning

2018-07-03 12:46

Speculators may be entering the fray.


The Steinhoff story that Markus Jooste left untold

2018-09-25 13:59

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.

FIRST PICS: Steinhoff's Markus Jooste briefs Parliament

2018-09-05 10:46

Steinhoff's former CEO Markus Jooste has testified before a joint sitting of four committees in Parliament. This was his first public appearance since his resignation in December amid accounting irregularities.

Steinhoff: Markus Jooste to make rare public appearance, testify in Parliament

2018-09-05 05:45

The former Steinhoff CEO will make his first official public appearance since his abrupt resignation in December, when he appears to answer questions in Parliament on Wednesday.

#Steinhoff: Seven things you need to know from La Grange's testimony

2018-08-29 20:01

Former Steinhoff CFO Ben la Grange presented evidence before a joint sitting of four Parliamentary committees on Wednesday. Here are the key things you need to know.

Markus Jooste to testify under oath before Parliament in early September

2018-08-28 15:18

It will be the first time that Jooste has publicly spoken out about what happened at Steinhoff since he abruptly resigned in December 2017.

Steinhoff appoints Lehman Brothers insolvency veteran to board

2018-08-16 12:59

Steinhoff International has moved to appoint insolvency expert Paul Copley to its supervisory board as the troubled global retailer seeks to strengthen management.

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.

Steinhoff stock above R3 apiece for the first time since April

2018-07-13 14:18

Shares in the embattled global retailer have been on the rise – albeit off a low base – since it announced details of its proposed restructuring earlier this week.

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.

Steinhoff's $13bn triumph for bean-counters

2018-07-03 06:01

Steinhoff’s liabilities due within 12 months vastly exceed its current assets. And what's a formality for most companies - confidence that it can keep the lights - is far from self-evident, argues Chris Bryant.

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