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Inside Steinhoff’s AGM, shareholder spills the beans

Inside Steinhoff’s AGM, shareholder spills the beans
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Chester Missing unburdens on #Supra Mahumapelo, #Steinhoff and Julius Malema

Chester Missing unburdens on #Supra Mahumapelo, #Steinhoff and Julius Malema
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800 shareholders have joined class action against Steinhoff, this is how much they want

800 shareholders have joined class action against Steinhoff, this is how much they want
Steinhoff

Shareholder group VEB plans lawsuit against three banks over Steinhoff, Absa responds

A Dutch shareholder group has given notice that it plans to file a class action lawsuit against Barclays Plc, Commerzbank AG and Absa Bank Ltd over their roles in a 2015 share sale by South African retailer Steinhoff International.
S.A's Dis-Chem to raise up to $359 million in JSE listing

South Africa’s JSE says still investigating Steinhoff over accounting scandal

Market investigations into Steinhoff were far from uncovering what had happened to the retailer, Nicky Newton-King, chief executive of the Johannesburg Stock Exchange (JSE)...
Germany investigates unit of South Africa's Steinhoff International

Crisis-hit Steinhoff reports former CEO to police

Steinhoff has reported its former chief executive Markus Jooste to South Africa’s elite ‘Hawks’ police unit, the company’s acting chairwoman told a parliamentary committee...

Did Steinhoff’s board structure contribute to the scandal?

Owen Skae, Rhodes University The global retail group Steinhoff is reeling under allegations of accounting fraud. Since the allegations surfaced last year the CEO of...

SA investors have a problem due to high concentration risk

Adam Ebrahim, Chief Investment Officer, Oasis Asset Management argues that the South African equity market is highly concentrated in a few stocks which presents dangers for investors.

Steinhoff to place shares in PSG Group worth around $620 MN

 South African retailer Steinhoff plans to sell about 7.5 billion rand ($620 million) of shares in investment firm PSG Group as it scrambles to...

Billionaire Christo Wiese may have caused the selloff in Aspen: Saad  

Aspen’s CEO discusses his relationship with Steinhoff’s former CEO Markus Jooste Wiese’s selloff.

Steinhoff board member resigns to focus on firm’s Africa unit

Steinhoff International Holdings NV said on Thursday that Jayendra Naidoo resigned as a member of its supervisory board to focus his efforts on the...

Steinhoff begins fire sale

Shares in Carrefour rose on Friday after Europe’s largest supermarket retailer agreed to buy 17 percent of online fashion retailer Showroomprive.com.

Viceroy Research hits back at SA’s critics

Viceroy tells CNBC Africa it is open to assist regulators.

Steinhoff has a funding gap of R8bln ($660mn), it is racing to plug it

South African furniture retailer Steinhoff is racing to plug a 200 million euro ($238 million) funding gap in the next few days.

Steinhoff shares rebound as CFO moves to new position

Steinhoff, which has debts of around 10.7 billion euros, plans to hire a debt restructuring expert in the role of chief restructuring officer.

Moody’s downgrades Steinhoff deeper into junk on default fears

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’s Asia Pacific unit seeks to distance itself from crisis of parent

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...

Dutch authorities to investigate Deloitte over Steinhoff

AFM's oversight aims at safeguarding the quality of statutory audit

Steinhoff scandal knocks $12BN off value in blow to tycoon Wiese

Shocked Steinhoff shareholders have wiped more than $12 billion off its value since it revealed “accounting irregularities” and parted ways with its chief executive,...
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Class action launched against Steinhoff; open to investors from around the world

Class action launched against Steinhoff; open to investors from around the world
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