THE STEINHOFF FILES: Inside SA's biggest corporate meltdown
All the latest stories on the drama surrounding one of SA's largest companies as regulators close in
Since the dramatic collapse of Steinhoff's share price following news it was under regulatory scrutiny in Europe, top writers from Business Day, Financial Mail and Business Times have worked to unpack what went wrong and who is to blame. In the most significant move since news of the Steinhoff collapse broke, Christo Wiese has announced that he is resigning as chairman. This from our story: This from the article: A "game for money" is an odd choice of words since Jooste was, at the time, the pivotal figure in a German tax investigation that hinged on whether Steinhoff had cooked its books. (The Germans were investigating, because Steinhoff had listed on the Frankfurt Stock Exchange in December 2015.) Jooste, the charming son of a Post Office worker and one of the unofficial dons of the so-called Stellenbosch mafia, said at the time that it was all a media witch-hunt. "They twist it to make it sensational — it’s the same as we had here in SA. But at the end of the day, what will happ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.