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LATEST NEWS FOR Steinhoff International Holdings N.V.  

Steinhoff is an integrated retailer that retails, sources and manufactures household goods and general merchandise in the United Kingdom, Europe, Africa and Australasia. Retail operations are positioned towards price conscious (value) consumer segmen... [more info]

Steinhoff ly reuse verlies; likiditeit op bedryfsvlak lyk egter goed

1 Mar 2021 /  Moneyweb  
Theodore de Klerk – finansiële hoof, Steinhoff

Steinhoff agrees sale and lease-back of Conforama Iberia properties

26 Feb 2021 /  Nqobile Dludla, Reuters   1
EBITDA fell to 578 million euros ($700.13 million) for the year ended September 30, from 733 million euros in 2019.

Steinhoff’s claimants clash

24 Feb 2021 /  Ann Crotty   17
Group maintains that not all shareholders are equal.

Tainted profession

22 Feb 2021 /  Ann Crotty   13
It’s time those in auditing realised that losing a reputation is a bit like Ernest Hemingway’s description of going bankrupt – it happens gradually, then suddenly.

Steinhoff proposal under fire

22 Feb 2021 /  Ann Crotty   12
Group accused of using different mechanisms to favour contractual claimants like Christo Wiese, at the expense of those who bought shares on the open market.

Long road ahead for Irba’s recovery

19 Feb 2021 /  Thando Maeko    8
The market will be watching to see how the audit watchdog reinvents itself, following almost a year of upheaval.

Steinhoff: Risky, but worth it?

16 Feb 2021 /  Simon Brown    3
Anchor's Deryck Janse van Rensburg talks about Shoprite being a low-value, high-margin stock which has fared well. Asset manager Piet Viljoen looks at Steinhoff's investability factor, and Keith McLachlan discusses using listed preference shares in the search for yield.

Steinhoff/Deloitte reach R1.22bn deal with claimants

15 Feb 2021 /  Larry Claasen   7
But former auditor 'does not in any way admit liability'.

Mandatory audit firm rotation should happen every five years – Cosatu

10 Feb 2021 /  Thando Maeko   15
It should also be entrenched into law, or Irba could ‘simply delete’ the rule in the face of 'massive resistance from compromised auditors’.

Reddit roulette

5 Feb 2021 /  Paul Marais   7
The latest shorting drama is about more than a simple David-and-Goliath battle between retail and institutional investors.

‘Shorting’ in SA

5 Feb 2021 /  Ann Crotty   13
Why there’s no GameStop-type drama here.

It seems all bets are off in this crazy world

1 Feb 2021 /  Ann Crotty   5
But perhaps some things will play out as expected. A look at Steinhoff, WallStreetBets, Sygnia and PPC.

Steinhoff saga drags on

29 Jan 2021 /  Ann Crotty   14
Shares rise to almost three-year high, but the group's battles are far from over.

Steinhoff revives Pepco listing plans

26 Jan 2021 /  Janice Kew and Konrad Krasuski, Bloomberg   1
After pandemic delay.

Lessons from Trump for SA’s auditors and directors

11 Jan 2021 /  Ann Crotty   28
Also in the past week: more JSE dropouts, a commendable approach to cost-cutting from the top, and SAB in a froth.

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