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The point about a homeland area
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Steinheist

The point about a homeland area is it gave you massive taxbreaks for investing there

The point about a homeland area is it gave you massive tax
breaks for investing there

Full Transcript

00:00:01.000 --> 00:00:02.719
The point about a homeland area
00:00:02.072 --> 00:00:04.096
is it gave you massive tax breaks for investing there.
Duration
6 seconds
Views
28
Timestamp in Movie
00:15:03
Uploaded
Apr 27, 2025
Season
1
Episode
1
Genres
documentary, crime
Production
IdeaCandy

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Movie Summary

The biggest corporate scandal in South African history, the fall of Steinhoff led to a loss of R200 billion. Steinheist untangles the story: the investors who were taken in; the victims and the CEO, Markus Jooste, who's still a fr...
S01 • E01 Gommagomma at the time made furniture, lounges, couches. - Steinheist 00:11
Gommagomma at the time made furniture, lounges, couches.
S01 • E02 When I engaged with him, it was never... There was very little grey area. - Steinheist 00:05
When I engaged with him, it was never... There was very litt...
S01 • E01 They had warehouses all over the Ga-Rankuwa area - Steinheist 00:08
They had warehouses all over the Ga-Rankuwa area
S01 • E03 So after they appointed the new board, Christo Weise, Heather Sonn, - Steinheist 00:09
So after they appointed the new board, Christo Weise, Heathe...
S01 • E02 And the one was his business, Steinhoff, which he was at for 28 years. - Steinheist 00:05
And the one was his business, Steinhoff, which he was at for...
S01 • E02 He was very lucky early on to get involved in a very good horse. - Steinheist 00:05
He was very lucky early on to get involved in a very good ho...
S01 • E01 What came across very strongly was Markus Jooste. - Steinheist 00:11
What came across very strongly was Markus Jooste.
S01 • E02 He turned into a champion racehorse and then latterly a champion sire as well. - Steinheist 00:04
He turned into a champion racehorse and then latterly a cham...
S01 • E03 On the first day that I was asked to take this position, - Steinheist 00:12
On the first day that I was asked to take this position,
S01 • E02 This is The Conglomerate and he's our 2016 Durban July winner. - Steinheist 00:05
This is The Conglomerate and he's our 2016 Durban July ...
S01 • E01 And we built the company up - Steinheist 00:14
And we built the company up
S01 • E03 We couldn't find a picture, but that is the picture that I keep in my mind. - Steinheist 00:07
We couldn't find a picture, but that is the picture tha...
S01 • E02 The Conglomerate sweeps into the lead! - Steinheist 00:15
The Conglomerate sweeps into the lead!
S01 • E03 And as long as there is hope that we can get to some return for that individual, - Steinheist 00:13
And as long as there is hope that we can get to some return ...
S01 • E02 He's got a bit of a fan club. People like to have their pictures taken with him - Steinheist 00:08
He's got a bit of a fan club. People like to have their...
S01 • E03 People and households lost money. My own father lost money, - Steinheist 00:08
People and households lost money. My own father lost money,
S01 • E01 So, I find the Steinhoff story really fascinating. - Steinheist 00:12
So, I find the Steinhoff story really fascinating.
S01 • E02 "And National emblem has hit the front down the inside, - Steinheist 00:21
"And National emblem has hit the front down the inside,
S01 • E03 And so it was very clear that there were going to be significant consequences. - Steinheist 00:07
And so it was very clear that there were going to be signifi...
S01 • E03 I thought very strongly at the time - Steinheist 00:19
I thought very strongly at the time