Christo Wiese. Picture: Ruvan Boshoff
Christo Wiese. Picture: Ruvan Boshoff

Stories of note

Bytes from the digital world

DA and EFF finally acknowledge a mutual dislike.

Would security vetting stem bad judgment and corrupt intentions? Many procurement officers at Transnet don’t think so. Perhaps they feel the test is not an objective one.

In my opinion

Matters of debate

The Steinhoff collapse provides lessons about not falling for the spin of charismatic CEOs — and about demanding full transparency from companies in which pensioners’ savings are invested.

The Financial Times says attention will turn to other holdings controlled by Christo Wiese, such as his €1.3bn stake in Shoprite, as a potential source of cash.

Finding alpha

The long and the short of the markets

EOH has problems, having been accused of a R6.1bn corrupt relationship with the South African Police Service.

Downgrade sinks Steinhoff. Moody’s cuts its credit rating from investment grade Baa3 to four notches into junk at B1.

Oh, very twitty

The lighter side of the web

Please sign in or register to comment.