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Steinhoff creditors back debt holiday in exchange for taking over embattled firm's equity

Long-suffering financial creditors have voted to back a three-year debt repayment holiday in exchange for taking over between 80% and 100% of the group's equity. ....

South Africa , Markus Jooste ,

READER LETTER | ANC the main culprits for crowd renting

Minister of employment and labour Thulas Nxesi was spot on. The blacks in the DA are rented. But the greatest rented crowd is in his own party. Whites have rented the ANC, it’s not in power. If you’re rented, you’ve no freehold (full ownership) rights. ....

Thulas Nxesi , Tongaat Hulett , World Cup , 2010 Fifa World Cup , Thami Zwane , South Africa , Owetan Live , Ood Life , Reaking News ,

Markus Jooste created 'climate of fear', former exec tells German court

A top former Steinhoff executive has spoken out about the "climate of fear" under its ex-CEO Markus Jooste, saying employees dared not speak out against their boss. ....

Markus Jooste , Siegmar Schmidt , Steinhoff Europe Group Services , Oldenburg Regional Court , Markus Jooste ,

EQS-Adhoc: Steinhoff International Holdings N.V. : Seite 1

09.05.2023 - EQS-Ad-hoc: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous Steinhoff International Holdings N.V. : 09-May-2023 / 12:40 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, . Seite 1 ....

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