Steinhoff investors question hefty advisor fees
Steinhoff International shareholders voiced their frustration with the scandal-hit retailer by voting against proposed changes to director pay policies and rejecting financial statements for last yea…
Tag: Steinhoff
Steinhoff group revenue falls 6% on Covid-19 store closures, ‘uncertainty’ ahead
Steinhoff reported a 6% decline in group revenues in the nine months to end June as Covid-19 stores closures cut into earnings. Total revenues for its Pepkor Africa division, which i…
Steinhoff: a R16.5bn bird in the hand
Steinhoff: a R16.5bn bird in the hand – TimesLIVE
‘The whole Steinhoff thing is a tragedy’: Wiese speaks out on settlement proposal
Steinhoff’s former chairperson, Christo Wiese, says the company’s move to settle a raft of legal claims against it is a step in the right direction.Steinhoff has proposed a total pay…
Steinhoff proposes R16.5 billion settlement to resolve 90 claims against it
Steinhoff says it has developed a settlement proposal to resolve the “complex, multi-jurisdictional claims” that run into billions of rands against it. The 90 separate claims stem from the precipit…