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LISTEN: Steinhoff better off without Van der Merwe – JB Styan | IOL Business ReportSteinhoff shares spiked as much as 15 percent after it announced that it had appointed Louis du Preez to replace Danie van der Merwe.
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Steinhoff promotes commercial director to CEO, shares leap - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%Steinhoff has appointed commercial director Louis du Preez, a key figure in its attempts to recover from a financial crisis, as its permanent chief executive, sending shares in the South African retailer as much as 15% higher on Monday.%
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