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Clement Manyathela speaks to Sam Sole who is a journalist at the amaBhungane Center for Investigative Journalism, about the Steinhoff scandal which resulted in the liquidation of the company in 2023. See omnystudio.com/listener for privacy information.
Ray White speaks with Elle Oosthuizen, producer of the gripping 'Steinheist' series, ahead of the latest episodes dropping on Showmax on Thursday. See omnystudio.com/listener for privacy information.
“Comrade president, Stellenbosch is 'n groot probleem. Ons weet jy is na aan Stellenbosch … ons het Stellenbosch nie tot die parlement verkies nie. Ons het nie die Ruperts verkies nie.” – Die EFF-leier Julius Malema aan President Cyril Ramaphosa Daar word bitsig na hulle as die “Stellenbosch-Mafia” verwys en baie reken die klub van miljardêrs wat in en om dié Bolandse dorp woon, is die ergste voorbeeld van witmonopoliekapitaal. Hul kritici kla oor hul invloed op die staat en die ekonomie, maar wie is hierdie groep ongelooflike ryk Afrikaanssprekende individue en hoeveel mag het hulle werklik? Die skrywer en joernalis Pieter du Toit het ondersoek gaan instel op Stellenbosch, een van die welvarendste dorpe in die land, wat deur talle as 'n hoeksteen van die Afrikanerdom beskryf word. Hierdie dorp is immers die geboorteplek van talle Afrikanerintellektuele, politieke leiers, asook vele sakemanne en hul sakeryke. Du Toit kyk krities na hierdie klub van miljardêrs: Wie is hulle en belangriker nog, hoe is hulle onderling verbind? Watter netwerke het ontstaan danksy gedeelde direksies, alliansies en familieverbintenisse? Hy bied 'n intieme blik op Johann Rupert se sakeryk en beskryf ook die opkoms van Markus Jooste en die impak wat die Steinhoff-skandaal op Stellenbosch gehad het.
News 24 Investigative Journalist Jan Cronje joins Graeme Raubenheimer to shed light on newly disclosed emails from Markus Jooste that reveal his defiant stance amid the Steinhoff fraud scandal.See omnystudio.com/listener for privacy information.
Amelia Morgenrood, aandelemakelaar by PSG Wealth Faerie Glen gesels oor Sasol, Naspers/ Prosus se aandeelpryse, en Markus Jooste se testament. Volg RSG Geldsake op Twitter
Daily Maverick has shut down – well, sort of. Why all South Africans should pay attention. It's the battle of Public Protectors – but at what cost? Then, the ANC is confident it will reign victorious come the May elections. And a win for Siya Kolis, Limpopo musicians… and South Africa as a whole. But first, we try and understand why so many people are convinced that the late former Steinhoff CEO, Markus Jooste, is faking his own death…
What's trending on socials? Barbara Friedman joins us in studio to give us the scoop. See omnystudio.com/listener for privacy information.
Reneilwe Morema reports on the suicide of former Steinhoff CEO Markus Jooste who is in the middle of the biggest financial scandals in South Africa, his death comes just days after the Financial Sector Conduct Authority ordered him to pay half a Billion rand of the money he stole from people's pension funds. She gives us a breakdown on how Markus and his associates managed to swindle people out of their money and were able to fool auditors for more than 2 years. She further states that forgiveness for his actions can only be granted after justice is served. --- Send in a voice message: https://podcasters.spotify.com/pod/show/africandiasporanews/message Support this podcast: https://podcasters.spotify.com/pod/show/africandiasporanews/support
Suid-Afrikaners sal van 1 April af nie meer elektroniese bankoorplasings na buurlande kan doen nie. Kanker neem geweldig toe by mense jonger as 50. Opposisiepartye dreig met die hof oor grondhervorming. Gierigheid onder die soeklig ná die Markus Jooste-debakel.
Lester Kiewit speaks to South African Businessman and former Steinhoff chairman Christo Wiese about why there is still hope for South Africa, after the suicide of Markus Jooste, who was the mastermind behind a multi-billion-rand financial scandal. See omnystudio.com/listener for privacy information.
On this episode of #TheDojo we kick things off looking at the recent Russian elections and how Putin has been able to maintain power in the country. We digress into the ethnicity and looks of Jesus. We get into the imminent arrest of National speaker Ms Nosiviwe Mapisa-Nqakula and the alleged suicide of fraudster Markus Jooste. On Patreon you will get to hear us get into : - Where would you go hide if you had to disappear after committing a crime? - Ethiopian Largest Commercial Bank had a glitch that allowed folk to withdraw and transfer money with no limit for 12 hours. - Kenya's affordable housing levy. - Breakdown of viral video of husband leaving wife and 8 kids. Don't miss out on the full experience! Head over to our Patreon now and join the community of dedicated listeners who are diving deeper into the topics we cover. Your support means the world to us, and it helps us continue creating content you love. See you there! Episode Recorded at "Wheres22" https://wheres22.carrd.co/?fbclid=PAAaabLg5Anw0-_y-BW5ZCNriGvL18v0IQhsKlfO5uuu7wzf1cl-MGYcspyfo
The world was rocked by Markus Jooste's passing last week, as he was about to be arrested for a massive case of fraud with international consequences. Here's what he was alleged to have done wrong.Find us elsewhere:Youtube: @theissuewithdancorderInstagram: @theissuewithdancorder Twitter: @theissuewith Tiktok: @dancorderPatreon: TheIssuewithDanCorderInquiries: theissuewithdancorder@gmail.com
Rob Rose is an esteemed Journalist and the Author of 'Steinheist - Markus Jooste, Steinhoff and SA's Biggest Corporate Fraud' and he joins Mike to reflect on the tainted legacy of former Steinhoff CEO, Markus Jooste. Will his suicide rob the victims of his alleged fraud from any chance of retribution? See omnystudio.com/listener for privacy information.
Die Suid-Afrikaanse Instituut van Geoktrooieerde Rekenmeesters sê hy het aanbeveel dat die tugstappe teen Markus Jooste laat vaar word. Die voormalige uitvoerende hoof van Steinhoff het verlede week selfmoord gepleeg nadat die Gedragsowerheid vir die Finansiële Sektor hom 'n boete opgelê het van 475 miljoen Suid-Afrikaanse rand. Jooste het vals finansiële jaarstate en jaarverslae ingedien. Die uitvoerende hoof van die instituut, Patricia Stock, sê Jooste kan nie meer verantwoording doen nie:
Former head of legal at now collapsed Steinhoff International Holdings, Stéhan Grobler has been granted R150 000 bail by the Pretoria Specialised Crime Court, where he appeared today. Grobler spent the weekend behind bars, a day after his former colleague and former Steinhoff International Holdings CEO, Markus Jooste was reported to have taken his own life. The case is expected to resume again on the 26th of June 2024. Sakina Kamwendo spoke to SABC Economics Reporter, Mpumelelo Maphalala.
What's trending on socials? Barbara Friedman joins us in studio to give us the scoop.See omnystudio.com/listener for privacy information.
Morse code transcription: vvv vvv Ex Poundland boss Markus Jooste dies of gunshot wound in South Africa Jill Furmanovsky I couldnt photograph The Beatles but I captured Oasis Ukraine war Blackouts hit across country after wave of Russian strikes Israel Gaza war The 12 year old Gazan girl who lost her whole family overnight Student loans UKs highest debt revealed to be 231,000 Why Trump may reap billions in Truth Social stock market merger Canada to set first ever cap on temporary residents Skylar Meade Idaho white supremacist and accomplice captured after prison break A long time coming Two Canadians switched at birth receive formal apology New hope for sisters trapped in their bodies by rare brain condition
Morse code transcription: vvv vvv Skylar Meade Idaho white supremacist and accomplice captured after prison break A long time coming Two Canadians switched at birth receive formal apology Canada to set first ever cap on temporary residents Student loans UKs highest debt revealed to be 231,000 Jill Furmanovsky I couldnt photograph The Beatles but I captured Oasis New hope for sisters trapped in their bodies by rare brain condition Ukraine war Blackouts hit across country after wave of Russian strikes Israel Gaza war The 12 year old Gazan girl who lost her whole family overnight Why Trump may reap billions in Truth Social stock market merger Ex Poundland boss Markus Jooste dies of gunshot wound in South Africa
Morse code transcription: vvv vvv Skylar Meade Idaho white supremacist and accomplice captured after prison break A long time coming Two Canadians switched at birth receive formal apology Jill Furmanovsky I couldnt photograph The Beatles but I captured Oasis Ukraine war Blackouts hit across country after wave of Russian strikes Ex Poundland boss Markus Jooste dies of gunshot wound in South Africa Why Trump may reap billions in Truth Social stock market merger Canada to set first ever cap on temporary residents Israel Gaza war The 12 year old Gazan girl who lost her whole family overnight Student loans UKs highest debt revealed to be 231,000 New hope for sisters trapped in their bodies by rare brain condition
Morse code transcription: vvv vvv Canada to set first ever cap on temporary residents A long time coming Two Canadians switched at birth receive formal apology Student loans UKs highest debt revealed to be 231,000 Jill Furmanovsky I couldnt photograph The Beatles but I captured Oasis Why Trump may reap billions in Truth Social stock market merger Ex Poundland boss Markus Jooste dies of gunshot wound in South Africa Ukraine war Blackouts hit across country after wave of Russian strikes Skylar Meade Idaho white supremacist and accomplice captured after prison break New hope for sisters trapped in their bodies by rare brain condition Israel Gaza war The 12 year old Gazan girl who lost her whole family overnight
Had he been able to see it, the perpetrator of South Africa's biggest-ever corporate fraud would have enjoyed delivering his usual scathing criticism of the media. Initial reports on Markus Jooste's death were wide of the mark - as often happens in cases like this as those delivering the news have to rely on “usually reliable sources” who are often not so. This morning BizNews editor Alec Hogg went to the spot where the one-time king of giant multinational Steinhoff took his own life. Here is Hogg's report on what he found. Photo credit: Sunette van Niekerk
Meer as 90 mense is dood en byna 200 beseer in 'n ISIS-aanval in Moskou. Die Speaker van die Nasionale Vergadering onder druk om te bedank ná korrupsie-aanklagte. Magnus Heystek reageer op Markus Jooste se dood.
Nick is joined by writer and broadcaster Lydia Hislop to discuss the latest from around the horseracing world. In packed global edition, they lead with the news of the disqualification of the Norwich City footballer Ashley Barnes by the BHA. Also in this episode, returning jockey Cieren Fallon urges us to pray for his sister's partner, fellow rider Stefano Cherchi after his fall in Canberra. Journalist Ray Paulick (The Paulick Report) tells Nick about yesterday's vote that has threatened the existence of California Racing, while rookie UK-born, Aus-based trainer Dom Sutton celebrates his first winner at Pakenham. Award winning writer Robyn Louw reflects on the untimely death yesterday of disgraced former leading player Markus Jooste, HBF Chair Sean Trivass urges action on inaccurate going reports, Laura King is along with the next of her Dubai Profiles featuring rider Tadgh O'Shea, and Sportinglife.com's David Ord has something for the weekend as he tries to predict the Brocklesby winner using predicted ratings.
Market Updates: Recent news on Markus Jooste's fine and tragic passing prompts reflection on justice and mental health awareness. Telkom's sale of its towers business for R6.75 billion highlights strategic shifts and potential opportunities in the telecom sector. Ongoing rise in oil prices raises concerns about inflationary pressures and global economic impacts. Market Analysis and Insights: Gold's Surge: Gold prices hit new all-time highs above $2200, reflecting investor concerns and market sentiment following Jerome Powell's recent statements on inflation and monetary policy. Gold mining companies show varied responses, with Pan-African, Goldfields, DRD, and Anglogold Ashanti experiencing gains. Interest Rates and Economic Outlook: Powell's announcement of no immediate rate cuts and a projected total of three cuts for the year signals a cautious approach towards inflation. Rising interest rates pose challenges for companies with significant debt burdens, while those with ample cash reserves stand to benefit. Inflation and Monetary Policy: CPI data reflects higher-than-expected inflation rates, prompting speculation about potential rate cuts in South Africa and implications for economic recovery. Abenomics, Japan's economic policy experiment, demonstrates the effectiveness of unconventional monetary measures in stimulating growth and combating deflation. Company Updates and Reflections: Remgro Results: Remgro's net asset value growth raises questions about the effectiveness of its management strategy, despite trading at a significant discount. Remgro has grown its NAV per share by 5% p.a. since 2010. Over the same period, the ALSI TR index has done 12% p.a. If you expect this underperformance to continue (and nothing in their recent capital allocation decisions indicates otherwise), then a fair discount to NAV is… — Piet Viljoen (@pietviljoen) March 19, 2024 Contrasting performance with Sabvest Capital highlights the importance of superior returns and effective capital allocation in investment decisions. Sun International: Strong financial results from Sun International underscore challenges and opportunities in the leisure and hospitality sector, amid shifting consumer behaviors and economic uncertainties.
Daily Maverick Journalist Pauli van Wyk joins John to discuss the reported suicide of former Steinhoff CEO Markus Jooste after the announcement of a R475-million fine and impending criminal charges. What are the immediate implications of Markus Jooste's reported suicide for the ongoing investigations and legal proceedings against him?See omnystudio.com/listener for privacy information.
Omri Thomas, direkteur by Abax Investments gesels oor die voormalige hoof van die Steinhoff groep, Markus Jooste se afsterwe, en wat nou gaan gebeur. Volg RSG Geldsake op Twitter
Former Steinhoff CEO Markus Jooste has died after allegedly taking his own life, at his home in the Western Cape. Website
Financial Journalist and author of Steinheist Rob Rose reacted to the death of disgraced former Steinhoff CEO Markus Jooste, who was ordered to turn himself in to law enforcement the day before after being hit with an administrative penalty of R475 million by the Financial Sector Conduct Authority (FSCA) for violating the Financial Markets Act (FMA) in relation to his reporting of Steinhoff International's financial position.See omnystudio.com/listener for privacy information.
Die voormalige bestuurshoof van Steinhoff, Markus Jooste, neem sy eie lewe 'n dag nadat hy 'n boete van R475-miljoen opgelê is. Die Nasionale Vergadering vra dat die Spesiale Ondersoekeenheid die SAL-Takatso-transaksie ondersoek. Johannesburg-huishoudings oorskry daagliks die gemiddelde toelaatbare waterverbruik. 'n Splinternuwe erfenissentrum in die Wes-Kaap word gebou ter bevordering van die Khoi- en San-gemeenskappe.
Rob Rose, Former Editor of Financial Mail and the author of Steinheist discusses the controversial business deeds of Ex-Steinhoff CEO Markus Jooste. He was hit with R475m penalty for contravening sections of FMA and a day later reportedly shot himself during his arrest. Ray White discusses South Africa's massive R943 billion infrastructure investment with Simon Norton, Director of IZA Africa. Norton stresses zinc's vital role, highlighting zinc's transformative potential in South Africa's recovery. Clive Butkow, co-founder of Conducive Capital, emphasises the significance of startups, strategies for fostering their growth within the country, and the essential elements required to attract venture capital. Gary Booysen, director at Rand Swiss discusses risk and reward when investing in our investment school. He explains the relationship between risk and reward in investing, and how to assess and manage risk according to individual financial goals and risk tolerance. See omnystudio.com/listener for privacy information.
Rob Rose, Former Editor of Financial Mail and the author of Steinheistdiscusses the controversial business deeds of Ex-Steinhoff CEO Markus Jooste. He was hit with R475m penalty for contravening sections of FMA.See omnystudio.com/listener for privacy information.
Alex Pascoe, departementshoof vir markmisbruik by die FSCA gesels oor Markus Jooste se boete. Volg RSG Geldsake op Twitter
Former Scopa (Standing Committee on Public Accounts) chairperson and African People's Convention leader Themba Godi has lamented the lack of justice in the case of disgraced former Steinhoff CEO Markus Jooste and the lack of accountability for President Cyril Ramaphosa. These are some of the talking points in this interview with BizNews after his party decided to walk away from a “Super Pact” of minority parties after at least two months of talks. Meanwhile, Godi says he has “almost given up on the possibility of the police and the NPA taking any decisive action” in Jooste's case. And he feels that the media seems to have “no interest” in holding Ramaphosa accountable - thus giving Parliament the impetus to also do its work. Godi recalls his testimony before the Zondo Commission and warns: “For as long as there is no political will to push for accountability, Parliament will not be effective.” - Chris Steyn
Clement speaks to Junior Khumalo, a political reporter at Newzroom Afrika; Rob Rose, the Editor at Financial Mail and Nhlanhla Mabaso who is a reporter at EWN about what has happened in cases involving former Ethekwini mayor, Zandile Gumede, former Steinhof CEO, Markus Jooste and former ANC Secretary General, Ace Magashule.See omnystudio.com/listener for privacy information.
Guest: Rob Rose | Editor at Financial MailSee omnystudio.com/listener for privacy information.
Rob Rose, Editor at Financial Mail analyses Transnet's CEO's exit from Transnet and Former Steinhoff CEO Markus Jooste losing appeal against a R20 million penalty imposed on him for insider trading. Kamal Manilal, Co-Founder of Roska Artisanal Ice Cream on Friday File discusses how he left corporate sector to focus a luxury ice cream business. See omnystudio.com/listener for privacy information.
Eskom sees less loadshedding in our future. But how optimistic should we be? The National State Enterprises Bill has ruffled a few feathers. So, what does it all mean? Markus Jooste says it wasn't him. How plausible is his defence? President Ramaphosa's dubious June peace mission to Ukraine and Russia is bearing fruit - sort of. And when it comes to loadshedding, a sense of humour will get you far. Just ask Trevor Noah.
Steinhoff shareholders are staring down the barrel after the company's management is approaching the Dutch courts to force through a decision voted down at the annual general meeting. But all is not yet lost, says German Shareholder Association lawyer Dr Marc Liebscher, whose organisation is fighting for Steinhoff's small shareholders. He is urging them to once again vote against the management proposal - and says this will ensure they capture the R30bn (€1.5bn) that they own in the business, in his opinion the true net asset value of the company. The WHOA vote closes on May 24, and should the majority of shareholders go against the management's proposal, Liebscher says his organisation will give its Wall Street-commissioned research to help the Dutch judge rule in shareholders' favour. Liebscher also spoke to Alec Hogg of BizNews about former CEO Markus Jooste's no-show in the German Court a month ago. Learn more about your ad choices. Visit megaphone.fm/adchoices
It's all eyes on inflation as South Africans find it increasingly more challenging to make ends meet. Markus Jooste skips court and Germany isn't having any of it. And Masa chats to Ferial about football and potholes...
Rob Rose, Editor of Financial Mail and the author of Steinheist shares his four reasons why Steinhoff's former CEO no-show to his trial matters Clicks interim results - Healthcare retailer forges ahead with R1bn capex plan with Bertina Engelbrecht, CEO at Clicks Group Peter Fabricius, independent foreign policy analyst & journalist on the meaning of President Ramaphosa being snubbed at the G7 summit Warren Ingram, Co-Founder of Galileo Capital on Personal Finance - How to build generational wealth. See omnystudio.com/listener for privacy information.
Guest: Jan Cronje joins John from Germany as a correspondent journalist for News24, Netwerk24 and Truth First to discuss developments since Markus Jooste, the former Steinhoff International Holdings NV boss failed to appear at his criminal trial.See omnystudio.com/listener for privacy information.
Gerrie Fourie, CEO at Capitec Bank on their credit impairments rising by 80% in their 2022 financial year. Jan Cronje, journalist at News24 & Network24 in Germany on behalf of Truth First on Markus Jooste being a no-show on his first day of trial. Then for investment school, Nicole van den Munckhof, certified financial planner from Independent Securities discussed eight tips to maximise your wealth.See omnystudio.com/listener for privacy information.
Christo Wiese, voormalige voorsitter van Steinhoff gesels oor die Reserwebank se beslaglegging van Markus Jooste se bates.
Unathi Kamlana, commissioner at Financial Sector Conduct Authority explains why the former CEO of Steinhoff, Markus Jooste's penalty was revised. Wendy Knowler, consumer ninja, did a deep dive into the banking sentiment index. Then Rodger Foster, CEO of Airlink spoke about the state of the airline industry as our guest in our shapeshifter feature.See omnystudio.com/listener for privacy information.
Guest: Rob Rose is The Editor of Financial Mail, and the Author of the book, ‘Steinheist, Markus Jooste, Steinhoff and SA's Biggest Corporate Fraud'. He joins John to discuss the most recent development - a court in Germany has announced that the accounting fraud trial of former Steinhoff CEO Markus Jooste will start early next year. See omnystudio.com/listener for privacy information.
EXTRA Steinhoff: The Latest with Rob Rose. Once proudly called "the Ikea of Africa", the gigantic Steinhoff came to a spectacular fall in 2017 when several accounting irregularities came to light. It soon became clear that this would be the biggest corporate fraud South Africa had ever seen. Now, almost five years later, authorities finally swooped down on ex Steinhoff CEO, Markus Jooste. But why only now? And what's next? We speak to Rob Rose about the latest developments.
EXTRA Steinhoff: The Latest with Rob Rose. Once proudly called "the Ikea of Africa", the gigantic Steinhoff came to a spectacular fall in 2017 when several accounting irregularities came to light. It soon became clear that this would be the biggest corporate fraud South Africa had ever seen. Now, almost five years later, authorities finally swooped down on ex Steinhoff CEO, Markus Jooste. But why only now? And what's next? We speak to Rob Rose about the latest developments.
Rian Du Plessis, Trustee of Jooste family trust Silveroak & former CEO at Phumelela on his relationship with Markus Jooste, which led to him managing some of his fortunes. Dobek Pater, telecoms analyst at Africa Analysis on why Telkom left with a bloody nose after MTN withdrew its takeover bid. For shapeshifter, wellness entrepreneur Lisa Raleigh talks about fitness — and how she managed to create brands that aided her to motivate other people to keep active and fit. See omnystudio.com/listener for privacy information.
Guest: According to News 24 assistant editor for investigations, Pieter du Toit, is of the opinion that Markus Jooste craved the acceptance of the Stellenbosch elite BUT that they won't shed a tear after the raid on Tuesday which saw more than R1.2 billion worth of assets seized. See omnystudio.com/listener for privacy information.
Pauli Van Wyk, journalist with Scorpio at Daily Maverick on former Steinhoff's CEO Markus Jooste's assets being seized. Pieter Boone, Pick n Pay's CEO on their Ekuseni strategy yielding results — as their online store records bumper sales. In Investment School, Gary Booysen, director at Rand Swiss discusses how you can be confident in picking a shareSee omnystudio.com/listener for privacy information.