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Accounting institute to investigate Jooste, La Grange in multi-billion rand Steinhoff...

PORT ELIZABETH, March 20 - The South African Institute of Chartered Accountants (SAICA) on Tuesday, said that it would investigate two of its members...

Steinhoff executives inflated profits, investigation finds

Johannesburg - An investigation into German-South African furniture giant Steinhoff found Friday that a small group of former executives inflated profits for years. The findings...

Steinhoff’s shares plunge after global rout, report on retailer’s ex-CEO

JOHANNESBURG - Steinhoff's shares fell more than 9 percent on Thursday to a near two-month low after a global market rout and a report...

Former Steinhoff CEO says his family trust held R3billion in shares...

PARLIAMENT, September 5 - Former Steinhoff chief executive Markus Jooste on Wednesday told MPs the day an accounting scandal hit the multi-national retailer, his...

Steinhoff’s former CEO Jooste faces parliament over accounting scandal

CAPE TOWN - Former Steinhoff Chief Executive Markus Jooste on Wednesday appeared before a South African parliamentary panel investigating an accounting scandal that rocked...

Former Steinhoff CFO points finger at Markus Jooste

PARLIAMENT, August 29 - Inflated profits, assets acquired at inflated values and the fact that Steinhoff did not have a single auditor was responsible...

Parliament summons former Steinhoff CEO over accounting scandal

JOHANNESBURG - Parliament on Tuesday summoned Steinhoff's former chief executive and ex-chief financial officer to give evidence in an inquiry over the accounting scandal...

Former Steinhoff CEO Markus Jooste refuses to appear before parliamentary committees

JOHANNESBURG, March 27 – Former Steinhoff International chief executive, Markus Jooste, on Tuesday refused to appear before four Parliamentary committees probing the accounting irregularities...

Steinhoff says will have to restate 2015 financial statements

JOHANNESBURG, January 2 (ANA) – Beleaguered retailing group Steinhoff International Holdings N.V. said on Tuesday its 2015 financial statements, in addition to the 2016 accounts, could...

The extent of Steinhoff’s economic slaughter

Ayanda Mdluli Steinhoff’s butchery of the South African economy was a carefully constructed and engineered collapse that came as a result of a series of...


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