It was his decision to terminate his employment contract… I don’t want to get into a media debate with Braam… I’m not sure what his agenda is with the bombs he’s throwing at Star… There are no claims, we feel, he has against Star…— Jayendra Naidoo, Steinhoff Africa Retail
Star owns Tekkie Town. It’s doing well for Star… We’ve paid good money for it.— Jayendra Naidoo, Steinhoff Africa Retail
BusinessDay on Monday reported that Steinhoff Africa Retail (Star) has approached Johann Rupert’s Remgro as potential investor.
People familiar with the matter say it is unlikely that Remgro will invest.
In an effort to distance itself from its scandal-ridden parent; Star will revert to the name “Pepkor Holdings”.
Star confirmed on Monday that it received notice of a claim lodged by the founders and original shareholders of Tekkie Town.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
They [Steinhoff] are down to 71% [shareholding]…— Jayendra Naidoo, Steinhoff Africa Retail
Pepkor is a name with great history. We’re very comfortable…— Jayendra Naidoo, Steinhoff Africa Retail
I have no knowledge of any plans [of Steinhoff to sell its shares in Star]…— Jayendra Naidoo, Steinhoff Africa Retail
The management of Steinhoff Africa Retail is dedicated to getting the best deals for their customers… an awesome culture of delivering value…— Jayendra Naidoo, Steinhoff Africa Retail
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
Co-Founder at TaxTim Marc Sevitz says no tax decrease for tax payers may be the only disappointment in the budget speech.
Economist Xhanti Payi and Prof Osman Mollagee give their take on Minister Tito Mboweni's budget speech.
For the last decade, the letter has tracked how the world has been improving.
Former Treasury DDG and current research associate at UCT School of Economics Andrew Donaldson has some useful insights.
Bruce Whitfield interviews Warren Ingram, a Personal Financial Advisor and Executive Director at Galileo Capital.
Markus Jooste was his “friend” and business partner. The Money Show’s Bruce Whitfield interviews Van Huyssteen.
The vehicle's owner came out of the store just in time to scare away the man attempting to steal his bakkie.
Cape Town has the worst congestion levels in the whole of South Africa.
MultiChoice will increase the prices of certain DStv packages from 1 April.
Trade Union Solidarity says it supports Pravin Gordhan's idea that technicians who used to work for Eskom should be brought back.
The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.