JOHANNESBURG A probe into accounting irregularities at Steinhoff International and the release of the retailer's restated results have been delayed, it said on Thursday, sending its shares down as much as 21 percent.
* Steinhoff delays publication of 2017, 2018 financial
JOHANNESBURG, Nov 23 KPMG South Africa has
reported a former partner to the police over his alleged role in
a corruption scandal in which almost 2 billion rand ($144
million) was stolen from VBS bank, two KPMG employees familiar
with the matter said.
JOHANNESBURG, Nov 22 South Africa's Tiger Brands
, which is recovering from a food contamination crisis,
will spin off its 42 percent stake in fishing company Oceana
Group, worth $330 million, to focus on growing its food
and drinks business.
JOHANNESBURG 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 percent higher on Monday.
JOHANNESBURG, Nov 15 Mediclinic International
Plc plans to reduce capex for its Swiss business, open
more outpatient surgery units and medical centres in order to
mitigate regulatory challenges in Switzerland's healthcare
JOHANNESBURG Shoprite Holdings, South Africa's biggest supermarket chain, said on Tuesday it would pay customers for reusing its newly introduced recyclable bag as it joined domestic rivals in efforts to curb plastic pollution.
JOHANNESBURG KPMG South Africa said on Wednesday it was looking for a new chief executive from outside the company to restore the auditor's reputation after a corruption scandal that saw it lose several major clients.
* Old Mutual will distribute 158.7 mln Nedbank shares to
JOHANNESBURG From the mother of dragons in "Game of Thrones" to Captain America from the "The Avengers", thousands of comic book and science fiction fans went head-to-head for the best costume at the first Comic Con Africa on Friday. | Video