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Tag Archives: Steinhoff

Moody’s downgrades Steinhoff to junk status

8 December 2017, 12:35 PM

Ratings agency Moody’s has cut Steinhoff to junk rating, dropping it by four notches from the previous Baa3 to B1 and placed it on review for further downgrade. 

Big businesses should adhere to code of business ethics: BLSA

7 December 2017, 5:21 PM

Business Leadership South Africa says big businesses should adhere to the code of business ethics or face the consequences as the fallout from the Steinhoff accounting fiasco continues.

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