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There are smaller pension funds that were invested
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Steinheist

There are smaller pensionfunds that were invested. Even my pension fund, wherever itis, it...

There are smaller pension
funds that were invested. Even my pension fund, wherever it
is, it would have been affected

Full Transcript

00:00:01.000 --> 00:00:03.032
There are smaller pension funds that were invested.
00:00:03.321 --> 00:00:06.999
Even my pension fund, wherever it is, it would have been affected.
Duration
8 seconds
Views
33
Timestamp in Movie
00:12:05
Uploaded
Apr 27, 2025
Season
1
Episode
3
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 • E02 Remember, certain races were excluded by law from participating in the economy. - Steinheist 00:07
Remember, certain races were excluded by law from participat...
S01 • E03 And if you think about widows and orphans and security guards, - Steinheist 00:23
And if you think about widows and orphans and security guard...
S01 • E02 Some of us could not even do mathematics at school. - Steinheist 00:05
Some of us could not even do mathematics at school.
S01 • E02 So, the Black Business Council is trying to put pressure, and lobby, and advocate - Steinheist 00:12
So, the Black Business Council is trying to put pressure, an...
S01 • E03 There is a bit of an emotional connection to me that I know how it feels - Steinheist 00:12
There is a bit of an emotional connection to me that I know ...
S01 • E02 We still have less than 5% of the economy owned by black people. - Steinheist 00:06
We still have less than 5% of the economy owned by black peo...
S01 • E02 We've got the majority of the CEOs of the JSE-listed companies - Steinheist 00:10
We've got the majority of the CEOs of the JSE-listed co...
S01 • E03 I worked for six years as a security guard and I saved up for university, - Steinheist 00:11
I worked for six years as a security guard and I saved up fo...
S01 • E02 So those are the issues we are trying to bring to the fore. - Steinheist 00:05
So those are the issues we are trying to bring to the fore.
S01 • E02 There was not one board meeting that I attended - Steinheist 00:09
There was not one board meeting that I attended
S01 • E03 There were defenceless people who are sweeping the streets, - Steinheist 00:10
There were defenceless people who are sweeping the streets,
S01 • E02 Of the difficulties that the group was experiencing, - Steinheist 00:07
Of the difficulties that the group was experiencing,
S01 • E03 And it was particularly for that reason - Steinheist 00:26
And it was particularly for that reason
S01 • E01 So, I got to know the information around Markus Jooste - Steinheist 00:13
So, I got to know the information around Markus Jooste
S01 • E02 They were building loss-making businesses upon loss-making businesses, - Steinheist 00:12
They were building loss-making businesses upon loss-making b...
S01 • E02 You know, building a bit of pie in the sky, in a sense. - Steinheist 00:04
You know, building a bit of pie in the sky, in a sense.
S01 • E01 It's just always fascinated me how some people could - Steinheist 00:15
It's just always fascinated me how some people could
S01 • E02 Building a smoke and mirrors kind of empire. - Steinheist 00:05
Building a smoke and mirrors kind of empire.
S01 • E02 It appeared to me as if this urgency, - Steinheist 00:16
It appeared to me as if this urgency,
S01 • E03 What happened at Steinhoff, did it hit you financially? - Steinheist 00:08
What happened at Steinhoff, did it hit you financially?