Former Steinhoff CEO Markus Jooste and former Chief Financial Officer Ben la Grange will be subpoenaed to appear before Parliament’s Standing Committee on Finance next Wednesday.
Business Leadership South Africa (BLSA) says negative aspersions cast on companies could harm the economy.
Research commissioned by Business Leadership South Africa’s (BLSA) has revealed that Viceroy’s research report on Steinhoff was substantially plagiarised.
Steinhoff has won more creditor support to give the South African retailer time to restructure debt totaling 9 billion euro ($11 billion) in a fight for survival.
South Africans are fond of debating whether public or private sector failings are the bigger problem. It does not take too long to realise that they are really talking about race.