Corporate governance scandals and the risks posed by the ANC elective national conference continued to weigh on the local bourse on Friday, with the JSE having registering only one positive day during the week.Volumes were much higher than usual on the day, at R43bn compared to the usual daily average of R20bn.Despite a significantly firmer rand, banks and retailers fell, while platinum miners gained. The latter were also lifted by higher precious prices.Embattled global retailer Steinhoff continued to generate headlines, coming under renewed pressure on Friday following the resignation of chairperson Christo Wiese late on Thursday. The accounting scandal facing Steinhoff has cost shareholders billions in lost market value and placed a spotlight on corporate governance in SA.The multinational consumer goods retailer also told the market that banks had sold 98.4-million of its shares, which they had held on behalf of Wiese, to "enforce their security rights".The all share fell 0.75% ...
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