Aspen’s CEO discusses his relationship with Steinhoff’s former CEO Markus Jooste Wiese’s selloff.
Nigeria has urged the African Development Bank (AfDB) to lead the fight to end extreme poverty ravaging conflict affected states in Africa by 2030.The Minister of Finance Kemi Adeosun, made the call at the commissioning of the new AfDB Nigeria Country Office building in Abuja.
VP Osinbajo’s address at the opening of AfDB regional offices
AfDB’s 2018 African Economic Outlook launch: Key Highlights
AfDB’s African economic outlook
AfDB opens its first regional office in Nigeria
Steinhoff International Holdings NV said on Thursday that Jayendra Naidoo resigned as a member of its supervisory board to focus his efforts on the...
Shares in Carrefour rose on Friday after Europe’s largest supermarket retailer agreed to buy 17 percent of online fashion retailer Showroomprive.com.
Viceroy tells CNBC Africa it is open to assist regulators.
South African furniture retailer Steinhoff is racing to plug a 200 million euro ($238 million) funding gap in the next few days.
Steinhoff, which has debts of around 10.7 billion euros, plans to hire a debt restructuring expert in the role of chief restructuring officer.
In the 2017 Global Innovation Index Report, South Africa ranked 97th out of 127 global economies. That suggests a serious innovation deficit at a time when we most needs fresh forms of thinking.
Ratings agency Moody’s on Thursday downgraded Steinhoff’s debt deeper into “junk” territory and warned further downgrades could follow due to mounting cash flow problems...
Steinhoff International’s Asia Pacific unit stressed its business was sound and sought to distance itself from its troubled parent on Thursday, even as the...
To Donald Trump, Africa is at the bottom of the list.
AFM's oversight aims at safeguarding the quality of statutory audit
Shocked Steinhoff shareholders have wiped more than $12 billion off its value since it revealed “accounting irregularities” and parted ways with its chief executive,...
Class action launched against Steinhoff; open to investors from around the world
Non-executive also sells.
Steinhoff (SNHG.DE) (SNHJ.J) said on Tuesday it had started to lose credit lines from lenders and was still unable to determine the scale of...