Steinhoff international probe
Shareholders tell Steinhoff to go ahead with restructuring plans
The AGM, the first since the scandal broke just over four months ago, took place in Amsterdam in the Netherlands and was live-streamed to Cape Town.
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Regulator probing Steinhoff auditors to continue investigation
The IRBA said in December 2017 it would investigate Steinhoff’s auditor following the retail group’s disclosure of accounting irregularities.
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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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More questions than answers over Steinhoff crisis leaves MPs frustrated
Steinhoff executives have been appearing before three committees at Parliament in a one-day meeting aimed at uncovering the origins of the crisis
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Steinhoff scandal inquiry set for end of January
The government employees’ pension fund was one of Steinhoff’s biggest investors, and is said to have lost billions.
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Steinhoff scandal could date further back than initially thought
Steinhoff International announced on Tuesday that it's 2015 financial results can no longer be relied upon.
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Moody’s: Steinhoff rating reflects ‘substantial risk’ of default
The company is fighting for survival following its disclosure of alleged fraud in Germany that has wiped billions from its market value.
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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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Steinhoff shares down by over 19%
On Tuesday the retail giant disappointed investors and lenders by disclosing that it was unable to give details on the extent of the alleged fraud at the company.
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GEFP, PIC want 2 independent directors at Steinhoff
The global retailer lost about 90% of its stock value on the JSE after CEO Markus Jooste stepped down amid allegations accounting fraud.
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Steinhoff: 2016 financial results can't be relied upon
Steinhoff is taking 'all necessary steps' to address the audit issues, it added.
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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.
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Parly finance committee condemns Steinhoff’s behaviour
Yunus Carrim says they want decisive actions by the regulatory body, including the Reserve Bank, the Financial Services Board and Independent Regulatory Board for Auditors.
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Steinhoff considers sale of PSG, KAP stakes to lift liquidity - sources
Steinhoff owns about 25% of PSG, a R60 billion investment holding company, and 39%, or of diversified industrial group KAP Industrial, which is worth around R6.1 billion at current market prices.
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JSE launches probe into Steinhoff disclosures
Steinhoff is in the middle of an accounting scandal that has wiped off more billions of dollars off its market value.
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Battered Steinhoff shares bounce back after traumatic week
Shares in South African retailer Steinhoff jumped as much as 40% on Monday.
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Financial Services Board awaits report on Steinhoff dealings
The furniture retailer has lost over 90% of its stock value on the JSE after CEO Markus Jooste resigned amid allegations of accounting irregularities.
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[LISTEN] How the Steinhoff scandal could affect your pocket
Magda Wierzycka says the value of your savings in your pension fund may have been affected by the Steinhoff scandal.
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Sactwu fears job losses in wake of Steinhoff scandal
Steinhoff International lost more than 63% of its stock value on the JSE, a day after CEO Markus Jooste stepped down amid allegations of accounting irregularities.
