Steinhoff. Picture: SUPPLIED
Steinhoff. Picture: SUPPLIED

Embattled retailer Steinhoff, whose market cap plunged by more than R200bn due to accounting irregularities almost two years ago, says it has ruled out any additional effect on its finances from round two of PwC’s forensic investigation into accounting fraud.

However, Steinhoff’s survival now depends on divestments.

CEO Louis du Preez joined Business Day TV to talk about the company’s turnaround.

Steinhoff CEO Louis du Preez joined Business Day TV to talk about the company’s turnaround

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