On 6 December 2017 Steinhoff CEO Markus Jooste resigned amidst South Africa’s largest corporate scandal ever.
German authorities, the Financial Services Board, the South African Reserve Bank, the Independent Regulatory Board for Auditors and the Johannesburg Stock Exchange are investigating a host of serious allegations of corruption at the company.
He also read a question sent in by Nick, a regular listener.
It’s grim, but there is a positive outcome to all this carnage.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
Always keep a share to a maximum of 10% of your portfolio.— Warren Ingram, Galileo Capital
Aim for a mortgage of less than 12 years…— Warren Ingram, Galileo Capital
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