Edition:
United States

Tiisetso Motsoeneng

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Dec 12 2017

Exclusive: South Africa's Steinhoff considers PSG, KAP stake sales to lift liquidity - sources

JOHANNESBURG/ FRANKFURT South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, two sources familiar with the matter said.

Dec 12 2017

EXCLUSIVE-South Africa's Steinhoff considers sale of PSG, KAP stakes to lift liquidity -sources

JOHANNESBURG/ FRANKFURT, Dec 12 South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, two sources familiar with the matter said.

Dec 11 2017

South African exchange investigates Steinhoff disclosures

JOHANNESBURG South African exchange operator JSE launched an investigation on Monday into whether Steinhoff broke disclosure rules, heaping pressure on the retailer as it tries to contain an accounting scandal.

Dec 08 2017

Steinhoff shares climb off 14-year low in volatile trade

JOHANNESBURG Steinhoff shares plunged another 50 percent on Friday, before paring some losses as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week.

Dec 07 2017

Steinhoff scandal knocks $12 billion off value in blow to tycoon Wiese

JOHANNESBURG/BERLIN Shocked Steinhoff shareholders have wiped more than $12 billion off its value since it revealed "accounting irregularities" and parted ways with its chief executive, in a dramatic fall from grace for the South African retailer. | Video

Dec 04 2017

Naspers unit probing contract with TV station sold by Guptas

JOHANNESBURG A unit of African media and e-commerce giant Naspers said on Monday it would investigate claims of improper payments made to a TV channel while it belonged to the Guptas, a family of wealthy businessmen with close ties to President Jacob Zuma.

Nov 07 2017

South Africa to investigate tax service after Zuma gives go-ahead

JOHANNESBURG South Africa will launch an inquiry into weak tax collection by the revenue service after receiving the approval of President Jacob Zuma, Finance Minister Malusi Gigaba said on Tuesday.

Oct 06 2017

South Africa's Standard Bank reviews ties with SAP, McKinsey

JOHANNESBURG South African lender Standard Bank is reviewing its ties with IT software supplier SAP and consultants McKinsey, due to the risk of fallout by association from an influence-peddling scandal.

Oct 05 2017

Scandal-hit KPMG South Africa vows reforms, loses another client

CAPE TOWN South African waste management company Interwaste fired KPMG as its auditor on Thursday, dealing another blow to the accounting firm ensnared in a scandal involving business friends of President Jacob Zuma. | Video

Oct 03 2017

Pressure grows on KPMG as Munich Re Africa drops it as auditor

JOHANNESBURG The African arm of Germany's Munich Re has dropped KPMG as its auditor, the latest company to distance itself from the accountancy firm entangled in a scandal involving friends of South African President Jacob Zuma.

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary