Latest articles on Steinhoff Africa Holdings

Tekkie Town CEO resigns

Article Khulekani Magubane - 26 Jun 2018

Tekkie Town operates 368 stores within Steinhoff Africa's total retail footprint of more than 5 100 stores

PIC still limping from Steinhoff blow

Article Lynley Donnelly - 8 Jun 2018

Underwriting a loan between the retailer and its BEE partner has cost the asset manager R3.3-billion

Steinhoff 98% down

Article Jan Cronje & Tehillah Nieselow - 30 May 2018

The stock – which had already fallen by 9.9% on Tuesday – reached a new low of R1.18 a share on Wednesday morning

Investec bleeds R220m from Steinhoff exposure

Article bogdan TagDiv - 17 May 2018

Steinhoff shares have plunged more than 95% since it reported irregularities in its accounts in December, valuing the business at about R8.85-billion

Steinhoff submitted ‘malicious’ report to Hawks

Article Jan Gerber - 13 Mar 2018

The Hawks have told the Standing Committee on Public Accounts that the report contains 'nothing'

Digging under way after Steinhoff collapse

Article Tebogo Tshwane - 2 Feb 2018

After a long silence over the Steinhoff International saga, which cost investors R200-billion, investigators are now kicking up the dust.

Holes in Steinhoff’s management led to its corporate scandal

Article bogdan TagDiv - 29 Jan 2018

The Steinhoff case highlights weaknesses in the governance structure the company had chosen to operate under.

Focus shifts to Steinhoff’s ex-chair Christo Wiese

Article Staff Reporter - 26 Jan 2018

It appears US banks lost $1-billion when they loaned to the tycoon who used his Steinhoff shares as collateral

Troubled Steinhoff to restate results back to 2015

Article Agence France Presse - 2 Jan 2018

Last month, Steinhoff revealed it was under criminal and tax investigations, with a reported six-billion-euro ($7-billion) hole in its accounts.

Gigaba notes with “great concern” South Africans losses in Steinhoff

Article Staff Reporter - 7 Dec 2017

The JSE will be conducting an internal audit into the holdings company and is expected to report its findings to the minister of finance.

Steinhoff — The largest corporate failure on the JSE

Article bogdan TagDiv - 7 Dec 2017

Allegations of earnings manipulations, uncontrolled acquisition sprees and tax fraud are just the tip of the iceberg for the retail holding company

Steinhoff raises R16bn through Star listing

Article bogdan TagDiv - 2 Oct 2017

The Amsterdam-based holdings company has had an over-subscription of shares and in the process has combined the assets of SA's fourth richest person.

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