Steinhoff inside SA's biggest corporate crash

Steinhoff inside SA's biggest corporate crash

On 5 December 2017 the Steinhoff group was still worth R199 billion. 24 hours later more than R160 billion rand of this fortune was wiped out. The Steinhoff Empire, that took 20 years to build into an international business giant, had crumbled overnight.
Markus Jooste, Steinhoffâ€™s flashy CEO, resigned via SMS and has since been fleeing an avalanche of scandals and accusations: luxury homes for a blonde mistress, allegations of fraud, racing horses and unparalleled extravagance, a lavish, black Jaguar for an old university residenceâ€¦
What exactly happened here? Who knew what? What is Steinhoff, who is Markus Jooste and what does it all have to do with the so called Stellenbosch mafia? Where does business tycoon Christo Wiese, Shoprite and Pepkor fit in and where is the pensionersâ€™ money?
Well-known financial writer James-Brent Styan unpacks these and other questions in this astounding tale of power and greed, of secrets and deceit, and ultimately the biggest financial breakdown in the history of South Africa.
Through interviews with trustworthy sources, revelations from confidential documents and in-depth research about Steinhoffâ€™s history, Styan uncovers what the group doesnâ€™t want you to know.
Follow the Money: The story of Steinhoff, Markus Jooste and the Stellenbosch Boys is a gripping financial thriller that will be told as cautionary tale or salacious scandal in both boardrooms and living rooms for decades to come.

Country	USA
Author	James-Brent Styan
Binding	Kindle Edition
EISBN	9780799374971
Format	Kindle eBook
IsAdultProduct	0
Label	LAPA Uitgewers
Manufacturer	LAPA Uitgewers
NumberOfPages	278
PublicationDate	2018-07-23
Publisher	LAPA Uitgewers
ReleaseDate	2018-07-23
Studio	LAPA Uitgewers

Steinhoff inside SA's biggest corporate crash

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