Bernard Mostert on buying Jooste's R75m mortgage; Steinheist etc.
Bernard Mostert explains how the mortgage came into the trust’s possession and last week’s preservation order on Jooste’s assets.
Stay updated with breaking news from Bernard Mostert. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bernard Mostert explains how the mortgage came into the trust’s possession and last week’s preservation order on Jooste’s assets.
In 2016, Steinhoff bought Tekkie Town from Braam van Huyssteen for R3.2bn; paying with Steinhoff shares that imploded the following year.
In such a turbulent world, best we get and stay informed. Getting this newsletter and, through it, plugging into BizNews helps.
The former owners of Tekkietown have reached a R1.2bn deal with Steinhoff, opening the way to a credible future for the defrauded business.
Announces a compromise with Trevo and a settlement with Tekkie Town vendors.