Streaming issues? Report here
magic-bus-on-capetalkpng magic-bus-on-capetalkpng
The Magic Bus on CapeTalk Classics
21:00 - 23:59
volume_up
volume_mute

The Magic Bus on CapeTalk Classics
21:00 - 23:59
Home
arrow_forward
Business
fiber_manual_record
Lifestyle

‘Steinhoff: Inside SA’s Biggest Corporate Crash’ author reveals shocking details

7 January 2019 6:25 PM
Tags:
Book
Steinhoff
Christo Wiese
book review
business book
business book review
books
business books
markus jooste
book reviews
business book reviews
Steinhoff: Inside SA’s Biggest Corporate Crash
James Brent Styan

Exposed! Blonde mistress, racing horses, unparalleled extravagance… The Money Show’s Bruce Whitfield interviews James Brent Styan.

Every week The Money Show’s Bruce Whitfield interviews the author of a popular business book.

This week Whitfield spoke to James Brent Styan, author of “Steinhoff: Inside SA’s Biggest Corporate Crash”.

The description on Amazon:

On 5 December 2017, the Steinhoff group was still worth R199 billion.

Twenty-four hours later more than R160 billion rand of this fortune was wiped out.

The Steinhoff Empire, which took 20 years to build into an international business giant, had crumbled overnight.

Markus Jooste, Steinhoff’s flashy CEO, resigned via SMS and has since been fleeing an avalanche of scandals and accusations: luxury homes for a blonde mistress, allegations of fraud, racing horses and unparalleled extravagance, a lavish, black Jaguar for an old university residence…

What exactly happened here?

Who knew what?

What is Steinhoff, who is Markus Jooste and what does it all have to do with the so-called Stellenbosch mafia?

Where does business tycoon Christo Wiese, Shoprite and Pepkor fit in and where is the pensioners’ money?

Well-known financial writer James-Brent Styan unpacks these and other questions in this astounding tale of power and greed, of secrets and deceit, and ultimately the largest financial breakdown in the history of South Africa.

Through interviews with trustworthy sources, revelations from confidential documents and in-depth research about Steinhoff’s history, Styan uncovers what the group doesn’t want you to know.

Follow the money…

The story of Steinhoff, Markus Jooste and the Stellenbosch Boys is a gripping financial thriller that will be told as cautionary tale or salacious scandal in both boardrooms and living rooms for decades to come.

Listen to the interview in the audio below.

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:


This article first appeared on 702 : ‘Steinhoff: Inside SA’s Biggest Corporate Crash’ author reveals shocking details


7 January 2019 6:25 PM
Tags:
Book
Steinhoff
Christo Wiese
book review
business book
business book review
books
business books
markus jooste
book reviews
business book reviews
Steinhoff: Inside SA’s Biggest Corporate Crash
James Brent Styan

More from Business Books

Businessman working remotely on beach 123rfbusiness 123rf

Working from home? Do it from a beach in Thailand, or anywhere else in the world

29 December 2020 10:18 AM

"We’re all between 40 and 60 years old. We’re not backpacking. The glamour of travel is exhilarating!" says author Kate Emmerson.

Share this:
Read More arrow_forward

InaugurationRamaphosa30

50 people who royally 'stuffed' up our fine, glorious land - Alexander Parker

30 November 2020 7:45 PM

From Jan van Riebeeck to Thabo Mbeki, from Sepp Blatter to minibus taxi drivers… these people stuffed up beautiful South Africa.

Share this:
Read More arrow_forward

break bad habits build good 123rf

20 liberating habits to break your limiting ones, by Pepe Marais

23 November 2020 8:07 PM

The Money Show’s Bruce Whitfield interviews Pepe Marais about his new book, "20 Habits That Break Habits".

Share this:
Read More arrow_forward

Maize mealie grain farmer harvest agriculture 123rfbusiness 123rf

[BOOK REVIEW] 'Promised Land: Exploring SA’s Land Conflict' by Karl Kemp

2 November 2020 7:24 PM

The Money Show’s Bruce Whitfield interviews Kemp about his new book about South Africa’s failing land reform.

Share this:
Read More arrow_forward

Happy child kid face mask facemask covid-19 123rf

[BOOK REVIEW] The future arrived early - economist Dr Iraj Abedian

26 October 2020 7:34 PM

Famed economist Dr Iraj Abedian talks about his book, "FutureNEXT: Reimagining Our World and Conquering Uncertainty”.

Share this:
Read More arrow_forward

191213 Floyd Shivambu2

VBS Mutual Bank: 'Floyd Shivambu faces real prospect of being arrested'

19 October 2020 8:01 PM

Bruce Whitfield interviews amaBhungane investigative journalist Dewald van Rensburg about his new book, "VBS: A Dream Defrauded".

Share this:
Read More arrow_forward

Funky hipster retired older mature couple 123rf 123rfbusiness retirement

How to secure your retirement - Bruce Cameron (retired editor, Personal Finance)

28 September 2020 7:24 PM

Bruce Cameron discusses with Bruce Whitfield his new book on securing your retirement, despite corruption and the smashed economy.

Share this:
Read More arrow_forward

Young man youth teenager teen boy credit card 123rf 123rfbusiness 123rflifestyle

I’ve never been interested in money - Cameron (11), son of Bruce Whitfield

15 September 2020 11:29 AM

"It's brilliant! The jokes are actually funny," says Cameron in his review of "Manage Your Money Like a Grownup".

Share this:
Read More arrow_forward

gay-couple-parents-baby-interracial-relationship-family-adoption-surrogacy-123rf

How to gain a sense of purpose and spark 'outrageous achievement'

3 August 2020 7:36 PM

"When your thoughts are centred around the meaning of your life, you unleash immeasurable power,” says author Richard Wright.

Share this:
Read More arrow_forward

Lab-grown lab grown cultured meat 123rf 123rfbusiness 123rflifestyle

'Big Tech' is in a mad race to bring lab-grown meat to the masses

27 July 2020 7:38 PM

Can we transcend the slaughter? Chase Purdy on his book "Billion Dollar Burger: Inside Big Tech's Race for the Future of Food".

Share this:
Read More arrow_forward

More from Evergreen Content

aggressive-dog-is-barking on leash-123rfjpg

Dog owner? Here's some key advice on how to lessen liability for dog attacks

7 January 2020 4:35 PM

If your dog bites someone - what does the law say? And how can you mitigate the risks of a potential lawsuit?

Share this:
Read More arrow_forward

tash-healing-wingsjpg

'How I overcame my addiction and found my freedom at the Healing Wings Centre'

7 January 2020 3:17 PM

Addict-turned-equine therapist Tash Curtis shares her remarkable story of recovery and self-discovery at the Healing Wings Centre.

Share this:
Read More arrow_forward

Clothes organised and folded to clear closet clutter

5 pro tips on how to declutter and get rid of stuff that's holding you back

2 January 2020 3:58 PM

Cape Town-based organising consultant James Smal shares some expert tips on how to make room for new things in 2020.

Share this:
Read More arrow_forward

Missing Image Placeholder

How to save and buy an island (you need only R2000 per month)

15 October 2019 3:36 PM

Saving money on boring stuff such as a car can allow you to do really outrageous and courageous stuff, says Sam Beckbessinger.

Share this:
Read More arrow_forward

Marketing

Marketing is becoming the single most important key to success in small business

2 August 2019 2:30 PM

'Marketing' is not 'sales'. It’s not noise. It's a science, and you must get it right, says Pavlo Phitidis.

Share this:
Read More arrow_forward

Missing Image Placeholder

Kahn Morbee (real name 'Dingaan') of The Parlotones opens up about his money

1 August 2019 8:20 PM

The Money Show’s Bruce Whitfield interviews Morbee about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Flower

How to build a resilient small business

30 July 2019 8:12 PM

Small business guru Pavlo Phitidis on the basics of building a resilient business. He gives clear guidelines for getting it right.

Share this:
Read More arrow_forward

Four cousins Van Loveren

Story of Van Loveren Vineyards and 'Four Cousins', SA's top-selling bottled wine

29 July 2019 8:28 PM

Bruce Whitfield interviews Phillip Retief, CEO at Van Loveren Vineyards, the origin of the SA's top-selling wine, "Four Cousins".

Share this:
Read More arrow_forward

darren-whackhead-simpsonjpg

Going broke scares me, because I've been there - Darren 'Whackhead' Simpson

25 July 2019 6:26 PM

Bruce Whitfield interviews Darren ‘Whackhead’ Simpson about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Marathon running jogging

Bruce Fordyce – one of South Africa’s all-time greats - bares his soul

24 July 2019 7:53 PM

The Money Show’s Bruce Whitfield interviews athlete about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward