On 6 December 2017, Steinhoff's CEO, Markus Jooste, resigned after his auditors refused to sign off on the audited financials as a result of reported accounting irregularities in its accounts.
Steinhoff’s share-price plummeted, and the rest is history (although the story is still being written).
The Money Show’s Bruce Whitfield interviewed Perpetua cofounder Delphine Govender.
Govender discussed five “learnings” from the failure of Steinhoff.
Listen to the interview in the audio below.
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Advertising expert Andy Rice slams the ever-improving Chinese SUV maker for its cheap and nasty advertising.
Damn right its better than yours! Ad guru Andy Rice loves Nando’s epic new billboard promoting its delicious looking milkshakes.
Bruce Whitfield interviews Personal Financial Advisor Warren Ingram. He also read a question sent by Nick, a regular listener.
In 2012 Steinhoff acquired 20% of wealth manager PSG, reportedly infuriating Mouton. Bruce Whitfield interviews him.
Bruce Whitfield interviews Gordon Institute of Business Science Dean (and marketing expert) Professor Nicola Kleyn.
Bruce Whitfield interviews Steinhoff Chair Christo Wiese, the JSE's John Burke and Anchor Capital CIO Sean Ashton.
Nomvula Mokonyane tells rape accused Timothy Omotoso that they must release him as he is wanted outside.
Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.
Current strikes and damage to infrastructure have a negative impact on business in the city where people rely on public transport.
Saftu secretary general Zwelinzima Vavi says minister's figures are wrong and another way to limit poor from getting services.
The Bowman Gilfillan report, yet to be made public, found that De Lille allegedly failed to report tender corruption to council.