BizNews BizNews Radio

Markus Jooste, Steinhoff skelm: Why he still roams free three years after stepping away from wreckage - #2020 in review

Loading player...
2020 in review. In 2017, an accounting scandal erupted at South African multinational Steinhoff. As the German authorities uncovered a number of financial irregularities, Steinhoff CEO Markus Jooste jumped ship. Steinhoff’s demise meant that a number of wealthy investors, including billionaire Christo Wiese, felt the devastating effects of its share price drop. Many individuals had Steinhoff in their portfolios as did funds. Understandably, South Africans are crying out for Jooste to be brought to justice. In his weekly webinar, BizNews colleague Tim Modise asked National Prosecuting Authority (NPA) spokesperson Sipho Ngwema when we can expect to see results. Full story at BizNews.com. - Editor Learn more about your ad choices. Visit megaphone.fm/adchoices
7 Dec 2020 12PM English South Africa Investing · Business News

Other recent episodes

Fighting to save South Africa’s moral compass: Unashamedly Ethical's Gary Power

Gary Power lifts the lid on corruption, ethical collapse, and the fight to rebuild South Africa from the ground up. In this powerful conversation, the CEO of Unashamedly Ethical shares how his father transformed a major construction business, why integrity is a survival strategy, and how collective action, faith, and…
14 May 6AM 28 min

‘It looked completely real’: Another victim speaks out on alleged FXSI deepfake scam

Another victim has come forward to share her experience of allegedly being scammed by FXSI, a company accused of using sophisticated online tactics and deepfake-style advertising to lure victims into fraudulent investments. In this follow-up interview with BizNews, the victim explains how she first encountered the scheme through social media…
14 May 7AM 19 min
All episodes