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Top News In Steinhoff Africa Today - Breaking & Trending Today

The cupboard is bare for Steinhoff shareholders

‘There’s no value for shareholders, there s no recovery, I think the creditors will actually have to take a haircut themselves,’ says chief investment officer at Benguela Fund Managers, Zwelakhe Mnguni. ....

South Africa , Zwelakhe Mnguni , Markus Jooste , Benguela Fund Managers , Steinhoff Africa ,

Shares, Funds and Portfolios

Online Share Trading for beginners and professional traders. You have a choice to manage your own portfolio or you can choose to have us manage it for you. ....

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Months after failing to sell Timbercity, Pepkor calls it quits on franchises

Months after failing to sell Timbercity, Pepkor calls it quits on franchises
businessinsider.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.co.za Daily Mail and Mail on Sunday newspapers.

South Africa , Markus Jooste , Jd Group , Competition Commission , Building Company , Steinhoff Group , Buildings Company , Steinhoff International , Business Insider South , Business Insider South Africa , Mondi Owned Bisonbord , Steinhoff Africa ,

Steinhoff reports multi-billion rand loss

NOMPU SIZIBA: JSE-listed retail holding company Steinhoff released a quarterly update for its operations and financials between October and December 2020. The company reported sales revenue from continuing operations of â¬2.5Â billion, up 1% on the year prior, noting revenue increases in all their geographies.
Well, to give us the back story to the business, I’m joined on the line by Theodore deÂ Klerk. He’s the CFO at Steinhoff. Thank you so much, Theodore, for joining us. Now you have your Pepco Group operations in Europe. Just tell us broadly about the business you have there, how they’ve been faring, and the state of the European consumer in light of the pandemic. ....

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Tekkie Town ownership battle set to drag on for longer

Tekkie Town ownership battle set to drag on for longer
By Sandile Mchunu
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DURBAN - PEPKOR Holdings and former Tekkie Town executives continue to fight for control of the branded footwear, apparel and accessories retailer, with no end in sight just yet.
This week both parties claimed victories after the Western Cape High Court ruled on Wednesday that it could not find whether Pepkor Holdings and Pepkor Speciality had “actual knowledge of the misrepresentations or reckless conduct” by Steinhoff International when the troubled retailer acquired Tekkie Town shares from the former executives in 2016.
Pepkor Holdings is a Steinhoff subsidiary and it was listed separately on JSE in September 2017 as Steinhoff Africa Retail. ....

Kwazulu Natal , South Africa , Bernard Mostert , Markus Jooste , Lee Bozalek , Pepkor Holdings , Steinhoff International , Cape High Court , Tekkie Town , Western Cape High Court , Pepkor Speciality , Steinhoff Africa , க்வஸூல்யூ நேட்டல் , ஸ்டெய்ன்ஹாஃப் சர்வதேச , கேப் உயர் நீதிமன்றம் , மேற்கு கேப் உயர் நீதிமன்றம் ,