Steinhoff is trying to settle multiple lawsuits from aggrieved shareholders stemming from its accounting scandal
The global retailer is taking over payments of its subsidiary, which has lost more than R1bn in two years
European discount retailer grows its store base by 14.4% year on year in the six months to end-March
Move aims to boost its share price and allow more acquisitions
Danish toymaker has so far set aside $400m to go green
The group has increased its settlement proposal provision as it fends off claimants opposed to global settlement
The unsolicited proposal from Clayton Dubilier & Rice values the company at about $5.5bn
Supermarkets that are privately owned and controlled by historically disadvantaged persons can now access letting space
Data will give an indication of pace of the economic recovery in the second quarter
TFG CEO Anthony Thunström talks to Business Day TV about the retailer’s prospects as it deals with the fallout from Covid-19
Michael Avery chats to experts about the Competition Amendment Act and Burger King’s lack of BEE in their new ownership structure
Company decides not to pay dividend as UK lockdowns hit earnings
SPONSORED | Fortress Reit adds one of the largest FMCG distribution centres in Africa to its portfolio
Selling assets at a fair price will become difficult due to Competition Commission’s decision
It will be a latecomer to a sector where its competitors have done well, but the retailer is keeping its expansion plans under wraps
Investment unit of Jayendra Naidoo rejects Steinhoff statement that it’s abandoned legal action
The chain has failed to pay its landlords and suppliers in recent months, while facing weak consumer demand
Jayendra Naidoo’s investment outfit claimed more than R12bn from Steinhoff but was offered R200m in settlement of the claim they have abandoned
Ster Kinekor and Nu Metro shrug off on-demand streaming and remain confident people will return to movie theaters
Spur CEO Val Nichas talks to Business Day TV about how the restaurant chain is expanding its offering
