NPA: We are unaware of Markus Jooste balance sheet fraud charges in Germany
5 March 2021 1:46 PM
NPA spokesperson Sipho Ngwema says the reports emanated from one particular magazine.
The Steinhoff scandal shook the country in 2017 after it was revealed that corruption within the company resulted in investors in South Africa s pension funds and unit trust funds sustaining losses to the tune of billions.
The company to its knees with a massive disintegration of its share-price at that time.
Steinhoff International was dual-listed in Germany and South Africa.
While the CEO, Markus Jooste, resigned immediately, he was accused of being centrally involved in fraudulent transactions that artificially inflated profit and asset values over several years. He has, however, denied all allegations.
2 Matric Rage superspreaders can be charged with attempted murder
1 February 2021 1:22 PM
Share This:
Attorney Maushami Chetty says knowingly attending a party with Covid-19 and partygoers then contracting the virus is an offence.
National Institute of Communicable Diseases (NICD) released a report of findings into the Matric Rage events that took place in early December 2020.
Data collected from questionnaires and sample mapping of tests conducted confirms that some post-matric parties were super spreader events, reports Lester Kiewit.
The report also states that two of the partygoers attended the KZN events with the knowledge that they already had Covid-19. 848 people at the same event subsequently contracted the virus.
Cape Town Jazz Festival postponed until 2022, but JazzFix goes online in 2021
22 January 2021 5:36 PM
Share This:
Billy Domingo the Festival Director at Cape Town International Jazz Festival chats to Lester Kiewit about the plans for this year.
Many were hoping for the Covid pandemic to be over or at least contained enough so that we could as a society move back to a somewhat normal life, says Lester Kiewit. Part of that normal life would be having the privilege to attend the annual Cape Town International Jazzfest in person, he adds.
But sadly this will not be the case in 2021. Due to restrictions and safety, the CTIJF will be online this year.