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Embattled Steinhoff to face investors at AGM
Steinhoff investors will want to know what went wrong and how much was known before Markus Jooste’s resignation triggered the spectacular collapse in its share price in 2017.
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[ANALYSIS] Steinhoff’s board behaved badly. Why it needs to be held to account
All Steinhoff directors should be held accountable for the international corporate scandal.
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Steinhoff accused of ‘malicious compliance’ over Jooste complaint
Steinhoff’s attorney Robert Driman of Werksmans denied the accusation, saying there was no 'open and shut case' to hand over.
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Jooste to be subpoenaed to appear before Parliament after no-show
Former Steinhoff chief financial officer Ben le Grange is to be given 10 days to confirm that he will also appear or he too will be summonsed.
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Steinhoff probe: PwC yet to question Markus Jooste
The former Steinhoff CEO is in hot water with Parliament after he declined, through his lawyers, a request to attend a joint committee hearing.
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MPs want Steinhoff to shelve planned bonuses for board members
Four parliamentary committees are sitting on Wednesday to probe what led to the catastrophic collapse in the company’s share price late in last year.
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Markus Jooste may be subpoenaed to appear in Parliament
Yunus Carrim says the committees will decide on Wednesday on whether or not Jooste should be subpoenaed to come and account to Parliament.
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Former Steinhoff CEO Markus Jooste won't answer questions in Parly, say lawyers
Jooste was invited to appear before a joint meeting on Wednesday of four committees, including those of finance and public accounts.
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Fedusa: Jooste needs to go to jail for a long, long time
Steinhoff lost more than 60% of its stock value on the JSE last year after former CEO Markus Jooste stepped down amid allegations of so-called accounting irregularities and fraud.
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Crisis-hit Steinhoff to halt dividends to save cash
The multinational retailer is fighting for survival after it discovered accounting irregularities in December.
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Steinhoff: No one will be spared in forensic investigation
Former CEO Markus Jooste was on Tuesday reported to the Hawks for investigation into alleged corrupt activities.
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Wiese: Steinhoff scandal came like a bolt from the blue
Christo Wiese says he became aware of problems at Steinhoff three working days before the company’s accounts had to be finalised for a board meeting last month.
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[ALERT] Former Steinhoff CEO Jooste reported to Hawks
Heather Sonn, the acting chairperson of Setinhoff, has been briefing a meeting of three parliamentary committees on events surrounding the collapse of its share price last month amid an accounting scandal.
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MPs seek answers from Steinhoff over accounting irregularities
Members of Steinhoff’s supervisory board and top management are expected to attend a joint meeting of three parliamentary committees on Wednesday.
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Cosatu to protest Markus Jooste's participation at Sun Met
It wants horses belonging to former Steinhoff boss, Markus Jooste, banned from taking part.
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[ALERT] PSA: ‘Complete collapse’ of corporate governance at Steinhoff
Steinhoff’s documents were handed over to the PSA and Fedusa last week after a meeting in Stellenbosch.
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Parly hearing into Steinhoff scandal won't duplicate probes into firm - Carrim
The global retailer’s share price collapsed after it reported so-called “accounting irregularities" and its CEO Markus Jooste resigned.
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ECB sells Steinhoff bond at loss after scandal
Steinhoff, the owner of brands such as Conforama and Poundland, revealed “accounting irregularity” last month.
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'Thief' graffitied on Markus Jooste's home wall
Jooste recently stepped down at Steinhoff amid allegations of fraud.
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IRBA confirms probe into Deloitte after Steinhoff share price collapse
The regulatory board's Bernard Agulhas says in light of allegations of accounting irregularities, they've decided to conduct an investigation into Steinhoff's auditors.
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GEPF & PIC say changes required in wake of Steinhoff scandal
Steinhoff lost about 90% of its stock value on the JSE after CEO Markus Jooste stepped down last week amid allegations of fraud.
