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Tag Archives: Steinhoff

Steinhoff drops Springboks sponsorship

15 January 2018, 12:48 PM

Embattled South African international retail holding company, Steinhoff International, has withdrawn its sponsorship of the Springbok Men’s and Women’s, and SA Rugby Sevens Academy teams.

Carrim hits out at Maynier over Steinhoff accusations

15 January 2018, 6:59 AM

The Chairperson of the Standing Committee on Finance, Yunus Carrim has hit back at the DA Member of Parliament David Maynier for what he calls “political posturing.”

SA investors to join Dutch class action against Steinhoff

12 January 2018, 3:09 PM

A group of South African investors want to join a Dutch class action suit against Steinhoff.

Steinhoff shares are 40% stronger on Monday after dropping 90% of their value last week.

Steinhoff requires near-term liquidity for some businesses

5 January 2018, 6:41 PM

Retailer group Steinhoff International Holdings N.V. said on Thursday significant near-term liquidity was still required in some of its business units although it had has achieved some degree of stabilisation after revelations of accounting irregularities triggered a run on its shares in December.

Corruption robs the poor of basic needs

30 December 2017, 10:00 AM

Economist Iraj Abedian has described as tragic the fact that no one has been held responsible in both the political and business arenas for what he terms monumental damage to the economy.

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