<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5676034050001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Joining CNBC Africa to talk about management in corporate South Africa in-light of the developing stories around Steinhoff International as well as Naspers is Janine Hills, the MD of Vuma.</p>


Will Steinhoff recover from reputational damage? This is what a reputational management expert reckons

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5675898310001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>On Friday FirstRand announced that approximately 99.97 per cent of Aldermore Group shareholders voted in favour of FirstRand’s offer to acquire the British bank.</p>


What FirstRand will do if Billionaire Wiese, Steinhoff shown to be corrupt

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5672217925001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The Black Business Council has condemned the unethical and corrupt behaviour of Steinhoff and its Executive Directors.</p>


SA listed companies are not transforming fast enough – BBC

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5672211006001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>German prosecutors&#8217; criminal team is still probing documents seized from Steinhoff. They are examining accounting irregularities. Joining CNBC Africa to discuss the latest is Claudia Broell, from Frankfurter Allgemeine Zeitung.</p>


What German authorities are likely to do with Steinhoff

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5671064957001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Joining CNBC Africa for a look at Steinhoff&#8217;s impact on the market is Independent Analyst, Ashraf Mohamed.</p>


Why Coronation, other fund manager’s blip with Steinhoff is different to African Bank

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5671059166001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Joining CNBC Africa is Michael Sassoon, Executive Director of Sasfin Holdings on Steinhoff&#8217;s impact on the market and on Sasfin.</p>


Steinhoff investors were misled by auditors – Sasfin CEO

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5670871525001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Steinhoff International, Europe’s second-largest furniture retailer by sales has launched an investigation into accounting irregularities. Joining CNBC Africa to give analysis on a mix of local of global markets movers is Gary Booysen, Director and Portfolio Manager, Rand Swiss.</p>


Steinhoff fails to reassure investors, raises Star alarms

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5670854464001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>As Steinhoff share price plunges its stores in Africa is business as usual. Analysts believe the company should be speaking to its many of the thousand employees who work in this continent before confusion takes hold.</p>


Steinhoff is not another African Bank – analyst

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5670864834001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Leading operator of branded business parks providing conventional space and flexible work space in Germany, Sirius recently announced the completion of an acquisition for 8.4 million euros.</p>


With Steinhoff under pressure, Sirius CEO explains why you consider property

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5669988500001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Steinhoff’s annus horribilis reached a climax on Wednesday when its CEO Markus Jooste resigned over alleged accounting irregularities. Its share price ended the day 61 per cent lower at R17.61.</p>


The cost of Steinhoff’s fallout bigger than SA’s platinum industry

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5669974886001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Steinhoff has a primary listing in Frankfurt and a secondary listing on the JSE. The JSE has decided not to suspend the listing or halt trading in the South African market as at this stage there are no compelling reasons to do so.</p>


Why the JSE won’t suspend Steinhof

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5669964838001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Steinhoff’s annus horribilis reached a climax on Wednesday when its CEO Markus Jooste resigned over alleged accounting irregularities. Its share price ended the day 61 per cent lower at R17.61.</p>


ETFs exposed to Steinhoff revealed

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5669966338001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Steinhoff’s annus horribilis reached a climax on Wednesday when its CEO Markus Jooste resigned over alleged accounting irregularities. Its share price ended the day 61 per cent lower at R17.61.</p>


Why I won’t be buying Steinhoff but I’ll buy Star – JP Verster

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5669779305001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Veteran market analyst and Sasfin’s David Shapiro explains what Steinhoff shareholders should do now after the furniture giant launched a probe into accounting irregularities.</p>


What Steinhoff’s investors should do now

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5669733068001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Retail giant Steinhoff’s share price is down over 36 per cent year to date. Today it traded over 60 per cent lower.</p>


Steinhoff CEO departure not reason for share price collapse, irregularities are – analyst

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe loading="lazy" style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5669758632001" width="300" height="150" frameborder="0" allowfullscreen="allowfullscreen"></iframe></div>
</div>
<p>Steinhoff International, Europe’s second-largest furniture retailer by sales has launched an investigation into accounting irregularities. Its chief executive Markus Jooste has resigned. Chairman Dr Christo Wiese has been appointed Executive Chairman with immediate effect. This is how exposed he is.</p>


How exposed is billionaire Christo Wiese to Steinhoff

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5669740218001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Zwelakhe Mnguni, Chief Investment Officer at Benguela Global Fund Manager, a Shoprite investor, who is opposed to Steinhoff taking a controlling stake in Africa’s largest retailer tells CNBC Africa why Steinhoff’s board must step down.</p>


Christo Wiese

Will Steinhoff recover from reputational damage? This is what a reputational management expert reckons

What FirstRand will do if Billionaire Wiese, Steinhoff shown to be corrupt

SA listed companies are not transforming fast enough – BBC

What German authorities are likely to do with Steinhoff

Why Coronation, other fund manager’s blip with Steinhoff is different to African Bank

Steinhoff investors were misled by auditors – Sasfin CEO

Steinhoff fails to reassure investors, raises Star alarms

Steinhoff is not another African Bank – analyst

With Steinhoff under pressure, Sirius CEO explains why you consider property

The cost of Steinhoff’s fallout bigger than SA’s platinum industry

Why the JSE won’t suspend Steinhof

ETFs exposed to Steinhoff revealed

Why I won’t be buying Steinhoff but I’ll buy Star – JP Verster

What Steinhoff’s investors should do now

Steinhoff CEO departure not reason for share price collapse, irregularities are – analyst

How exposed is billionaire Christo Wiese to Steinhoff

Steinhoff’s entire board needs to go, including Wiese – shareholder

News Tips

Advertise With Us

Christo Wiese

Will Steinhoff recover from reputational damage? This is what a reputational management expert reckons

What FirstRand will do if Billionaire Wiese, Steinhoff shown to be corrupt

SA listed companies are not transforming fast enough – BBC

What German authorities are likely to do with Steinhoff

Why Coronation, other fund manager’s blip with Steinhoff is different to African Bank

Steinhoff investors were misled by auditors – Sasfin CEO

Steinhoff fails to reassure investors, raises Star alarms

Steinhoff is not another African Bank – analyst

With Steinhoff under pressure, Sirius CEO explains why you consider property

The cost of Steinhoff’s fallout bigger than SA’s platinum industry

Why the JSE won’t suspend Steinhof

ETFs exposed to Steinhoff revealed

Why I won’t be buying Steinhoff but I’ll buy Star – JP Verster

What Steinhoff’s investors should do now

Steinhoff CEO departure not reason for share price collapse, irregularities are – analyst

How exposed is billionaire Christo Wiese to Steinhoff

Steinhoff’s entire board needs to go, including Wiese – shareholder

News Tips

Advertise With Us

Newsletters