South Africa's trade department, company regulator to probe Steinhoff
HOME CAREERS CONTACT US LOGIN

South Africa's trade department, company regulator to probe Steinhoff
FILE PHOTO: South African tycoon Christo Wiese gestures during an interview in Cape Town
JOHANNESBURG (Reuters) - South Africa's Department of Trade and Industry and the Companies and Intellectual Property Commission said on Tuesday they would investigate whether retailer Steinhoff had breached domestic company laws.

Steinhoff has been rocked by an accounting scandal that has wiped off billions of dollars off its market value.

(Reporting by Ed Stoddard; Editing by Tiisetso Motsoeneng)

2017-12-12 11:03:35


© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Most read today
Most read yesterday
Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa