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The Ibex era begins: Steinhoff's quest for redemption?

This strategic change, involving the transfer of assets and the delisting, aims to save the company from a long and disorganised liquidation process. ....

South Africa , Bruno Steinhoff , Africa Gommagomma , Markus Jooste , South Africa Managed , Louis Du Preez , Chief Executive Officer , Theodore De Klerk ,

Steinhoff share price tanks while management takes home...

Steinhoff shareholders hoping to still salvage something from the company may be better off cutting their losses and walking away. The share price plunged 64% last Thursday and fell another 15.5% to close at 49 cents yesterday. ....

South Africa , South African , Markus Jooste , Gerard Van Deventer , Bryan Woods , African Reserve Bank , Financial Sector Conduct Authority , National Prosecuting Authority , Independent Securities , Theodore De Klerk , South African Reserve Bank ,