Steinhoff

CAPE TOWN - Steinhoff has reported its former chief executive Markus Jooste to South Africa’s elite Hawks police unit over suspected corruption, its acting chairwoman told a parliamentary…

CAPE TOWN - Steinhoff has reported its former chief executive Markus Jooste to South Africa’s elite Hawks police unit over suspected corruption, its acting chairwoman told a parliamentary…

FRANKFURT (Reuters) - South African retailer Steinhoff plans to sell about 7.5 billion rand ($620 million) of shares in investment firm PSG Group as it scrambles to plug…

JOHANNESBURG - Steinhoff International Holdings NV said on Thursday that Jayendra Naidoo resigned as a member of its supervisory board to focus his efforts on the board of…

JOHANNESBURG/FRANKFURT - Steinhoff’s finance chief stepped down from the role on Thursday to focus on helping the South African retailer plug a 2.4 billion euro ($2.9 billion) hole…

JOHANNESBURG - Steinhoff will have to restate its 2015 accounts and maybe earlier figures, the South African retailer said on Tuesday, having already warned on its 2016 numbers.

JOHANNESBURG - Ratings agency Moody’s on Thursday downgraded Steinhoff’s debt deeper into “junk” territory and warned further downgrades could follow due to mounting cash flow problems at the…

The Dutch Authority for the Financial Markets (AFM) was investigating auditing firm Deloitte over the alleged accounting irregularities that led to the share price of South African multinational…

Once a must-have for investors who backed its reinvention as a retail empire including brands such as Mattress Firm and Poundland under veteran CEO Markus Jooste, Steinhoff shares…

JOHANNESBURG - Absa Bank has applied for the liquidation of former Steinhoff CEO Markus Jooste’s Mayfair Speculators, the company that, until this week owned South Africa’s best racehorse,…