IOL Logo
Monday, June 9, 2025

Latest News & Developments

insider trading

Steinhoff to be liquidated, will cease to exist

Once worth hundreds of billions of rand, Steinhoff International will be liquidated this week and will effectively cease to exist.

News
Vernon Pillay|Published

Financial Services Tribunal finds Steinhoff’s former CEO liable for R20m imposed for insider trading

Jooste approached the tribunal for recourse, arguing that the R20m fine was incorrectly calculated. He will also have to pay interest on the R20m penalty.

Business Report Companies
BR Reporter|Published