The Financial Sector Conduct Authority (FSCA) has imposed an administrative penalty of R161 million on former Steinhoff CEO Markus Jooste for breaching sections of the Financial Markets Act that prohibit an insider from disclosing inside information and/or encouraging or discouraging another person to deal in securities related to the inside[…]
DA leader Mmusi Maimane has raised eyebrows after allegations that he drove a Steinhoff-sponsored SUV, despite being warned not to. The claims were published in Rapport. The paper claimed that the car was given to Maimane during the 2016 elections by Markus Jooste, former CEO of Steinhoff. Investments worth billions were lost[…]
Controversial artist Ayanda Mabulu, 37, was arrested outside the Johannesburg Stock Exchange (JSE) on Wednesday, following a display of his artwork stating, “blame it on the boers”. “I am here to represent and speak on behalf of the highly undermined black people who are constantly being robbed by white monopoly[…]
Former Steinhoff CEO Markus Jooste will make his first official public appearance, since his abrupt resignation in December over accounting irregularities, when he appears before Parliament on Wednesday. Last week an agreement was reached between lawyers for Jooste and Parliament for him to appear, after a subpoena was issued to[…]
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