JOHANNESBURG (Reuters) - A 63-year-old man whom police in South Africa on Thursday said apparently died by suicide was identified by local media as former Steinhoff chief executive Markus Jooste.
In a tragic turn of events, Markus Jooste, the former CEO of Steinhoff International, took his own life on Thursday. This occurred just a day after he was slapped with a historic fine in South Africa ...
Steinhoff International, a South African holding company operating more than 6,500 stores under 40 brands, has acquired Sleepy’s parent company Mattress Firm for approximately $2.4 billion — $3.8 ...
FRANKFURT (Reuters) - The European Central Bank sold its bonds of scandal-hit South African retailer Steinhoff last week, data showed on Monday, potentially losing more than half the amount it had ...
The accounting irregularities that have sunk the value of Steinhoff International Holdings NV, the South African parent company of Mattress Firm, first drew scrutiny because of its high-priced ...
We all know the story of Steinhoff and Marcus Jooste. At least, we think we do. What we do know has been uncovered by careful and thorough investigative journalism, but the majority of Jooste’s and ...
While Steinhoff International Holdings N.V. (JSE:SNH) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 25% in the last ...
A corporate scandal unfolding around one of the largest businesses coming out of South Africa, Steinhoff, has become a major cause for concern. It threatens to wipe out hundreds of billions of rand ...
An extensive and lengthy legal battle, which went through several courts, has just seen the Pretoria High Court rule against the now-defunct Steinhoff over allegations of price fixing, paving the way ...
JOHANNESBURG, Feb 15 (Reuters) - Steinhoff SNHJ.J said on Monday former auditor Deloitte has agreed to pay $85 million to certain claimants as part of the retailer's proposed $1 billion global lawsuit ...
Almost everything we know about the R200-billion collapse of Steinhoff has been uncovered by the media and Steinhoff's continued refusal to provide access hampers journalists' ability to tell the full ...