The retailer sold off its stake mid-2020 to raise funds to remain liquid and cut its ever-growing debt burden.
News of the settlement caused Steinhoff's share price to fall by 3% to 31 cents a share, near its all-time low. In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business Business partners getting a payout before the SA public, must be nice. But people still on here complaining about the Guptas 👀
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
KZN infrastructure repairs ‘underfunded’, says businessInfrastructure was badly damaged in floods that hit the province in 2022 With sincerity and gratitude in my heart I am sharing this testimony so other people will know that this platform is really legitimate am grateful Randy_Fxhelps BS they stealing the money as fast as they receive it. Yes they spend a portion on the intended project but the restores into officials and politicians pockets
Source: BDliveSA - 🏆 12. / 63 Read more »
BUSINESS REFLECTION: After the Bell: Tom Brady’s trajectory plots the future of the cellphone industryThe decline and fall of one of the most fabulous pairings of our age poses perhaps one of the most difficult questions of any age: What do you do when you have absolutely everything and you reach the absolute pinnacle?
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Sunak set for his biggest political test yet with Brexit dealRishi Sunak is gearing up for the biggest political test of his premiership as he prepares to unveil a deal with the European Union that risks a stand-off with Northern Ireland unionists and members of his own party.
Source: dailymaverick - 🏆 3. / 84 Read more »
ESKOM LIVE | Continuous Stage 6 implemented, risk of higher stages as eight units break down | BusinessESKOM LIVE | Continuous Stage 6 implemented, risk of higher stages as eight units break down U get what you vote for just saying... Stage6 is now becoming permanent. Why is it that South Africans aren't angry about this? I'm not going to form part of those that will accept this madness as normal. Let's take this to the streets. The reason we are disrespected like this is because we are not united as people. Cyril's mandate was to finish whatever little progress black poor people had made post 1994 His handlers are ruthless shame
Source: News24 - 🏆 4. / 80 Read more »
Business Maverick: Dollar up, stocks fluctuate as traders mull rates: markets wrapThe dollar edged higher on Monday, adding to a third week of gains as hawkish comments by Federal Reserve officials and geopolitical tensions bolstered the appeal of the greenback.
Source: dailymaverick - 🏆 3. / 84 Read more »