Steinhoff announced that a forensic investigation by PwC has so far uncovered the overstatement of income and assets at its AGM
German authorities are struggling to analyse a wealth of financial documents seized from a Steinhoff subsidiary as the documents are in English.
This follows his resignation from the boards of Eskom and Business Leadership South Africa
The government has cancelled its auditing contracts with KPMG and Nkonki Inc
The personal data of about 60 000 South Africans may have been shared with controversial political data firm Cambridge Analytica
Steinhoff has scraped a vote on extra pay for directors at its AGM
The high court has rejected an urgent application to interdict the signing of 27 outstanding renewable independent power producer projects.
Ratings agency Moody’s is set to announce on Friday whether it will downgrade the country’s sovereign credit rating to junk
The suspended SARS head has threatened legal action
NUMSA said the interdict prevents power utililty Eskom from concluding the outstanding renewable energy power purchase agreements.