The Steinhoff debacle has sentshockwaves in corporate South Africa. Steinhoff shares...
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The Steinhoff debacle has sent
shockwaves in corporate South Africa. Steinhoff shares have
fallen by more than 60% at the Johannesburg
Stock Exchange after the SA-based
global retailer was found embroiled in
accounting irregularities
shockwaves in corporate South Africa. Steinhoff shares have
fallen by more than 60% at the Johannesburg
Stock Exchange after the SA-based
global retailer was found embroiled in
accounting irregularities
Full Transcript
00:00:01.000 --> 00:00:04.959
The Steinhoff debacle has sent
shockwaves in corporate South Africa.
00:00:04.096 --> 00:00:08.278
Steinhoff shares have
fallen by more than 60%
00:00:08.279 --> 00:00:10.598
at the Johannesburg
Stock Exchange
00:00:10.599 --> 00:00:13.479
after the SA-based
global retailer
00:00:13.048 --> 00:00:16.044
was found embroiled in
accounting irregularities.
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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...
