Steinhoff, three years on: What has happened to Markus Jooste?

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Markus Jooste.
Markus Jooste.
Photo Illustration by Fin24. Photo by Jaco Marais.

Within two days, the group's share price had plunged by 80%. Six months later, its shares were down 95%, cutting around R200 billion from the conglomerate's market capitalisation.

Steinhoff was, at the time, the poster child for what a successful global South African company could look like.

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