The R200bn Steinhoff saga has moved, ominously but probably inevitably, into "Jarndyce v Jarndyce" territory. In that fictional case — a central part of the plot in Charles Dickens’s Bleak House — the court battle over the substantial Jarndyce inheritance drags on for generations, grinding to a halt only when legal costs have absorbed the entire estate.

Steinhoff CEO Louis du Preez has declared that dealing with the mountain of litigation will be a central pillar of his strategic focus, though he is determined it will not put the group off course as it steers its way towards some form of operational stability...

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