Steinhoff: Inside SA's Biggest Corporate Crash by James-Brent Styan

ISBN: 9780799371642 / 0799371645 - Steinhoff: Inside SA's Biggest Corporate Crash by James-Brent Styan. Published by Lapa, 2018. Softcover. Used, As New condition. 243 pp.

On 5 December 2017 the Steinhoff group was still worth R199 billion. 24 hours later more than R160 billion of this fortune was wiped out. The Steinhoff empire, that took 20 years to build into an international business giant, had crumbled overnight.

Markus Jooste, Steinhoff’s flashy CEO, resigned and has since been dodged an avalanche of accusations and scandal involving luxury homes for a blonde mistress, racehorses, allegations of fraud and a life of extravagance.

What exactly happened? What is Steinhoff, who is Markus Jooste and how does it all tie in  with the so called "Stellenbosch mafia"? Where do business tycoon Christo Wiese, Shoprite and Pepkor fit in, and where is the pensioners’ money? Well-known author James-Brent Styan answers these and other questions in an astounding tale of power and greed, of secrets and deceit, and, ultimately the biggest financial collapse in the South African history. Through interviews with trusted sources, revelations from confidential documents and in-depth research about Steinhoff’s history, Styan uncovers the inner workings of this former corporate colossus.

Steinhoff: Inside SA's Biggest Corporate Crash is the first definitive account of this epic business disaster - a horror story that will be retold in boardrooms and living rooms alike for decades to come.

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