Christo Wiese

Christo Wiese suing Steinhoff for R59bn

Companies in dollar billionaire and former Steinhoff chairperson Christo Wiese’s Titan Group are suing Steinhoff for R59-billion. Titan Group served summons on Steinhoff International Holdings (Pty) Ltd‚ which is registered in South Africa‚ and Steinhoff International Holdings NV‚ which is registered in the Netherlands. They claim an agreement they entered[…]

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Steinhoff says Christo Wiese has stepped down as chairman

Retail group Steinhoff, which is fighting for survival following its disclosure of accounting irregularities, said on Thursday that tycoon and major shareholder Christo Wiese had stepped down as chairman. Steinhoff said in a statement that Wiese had offered to resign to reinforce independent governance of the company and that the[…]

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