The Steinhoff saga, possibly the biggest case of corporate fraud in South African business history, has dominated financial and general news since the company’s share price collapsed on 5 December 2017. In this four-part series, The University of Stellenbosch Business School  reflects on what went wrong and extracts lessons to be learnt. In the words of the authors: "Much can be gleaned from business success stories, but even more revealing sometimes are business failures." Now you can read all four parts of this outstanding case study: PART ONE - The making of a corporate giant PART TWO - The board that looked the other way PART THREE - Arrogance, impunity and entitlement PART FOUR - Five do-or-die lessons for business

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.