The circumstances surrounding Jooste’s death remain under investigation, with authorities confirming that he was found with a gunshot wound to the head.
Steinhoff International
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- Southern Africa
South African billionaire Christo Wiese-linked retailer, Steinhoff, faces liquidation
Wiese’s link with Steinhoff traces back to 2012 when he exchanged the historic Lanzerac wine estate for $11 million worth of Steinhoff …
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Christo Wiese-linked retailer Steinhoff plummets by over $38 million as shares hit record low
Wiese is a South African billionaire and retail tycoon.
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Nearly two weeks ago, Jooste was served two fines totaling $882,000.
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Jooste was found to have violated listing requirements.
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Christo Wiese-linked retailer Steinhoff loses $271.7 million on news of debt maturity extension
Wiese is a South African billionaire and retail tycoon.
- Southern Africa
Christo Wiese-linked retailer Steinhoff says investors will wait until 2023 to receive $1.62-billion settlement
In 2017, Wiese was Steinhoff’s largest shareholder.
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Wiese received $198.5 million in cash and a five-percent share in Pepkor.
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The move comes nearly three weeks after it received approval from a Cape Town high court to pay the investors.
- Hot News
South African mogul Christo Wiese-linked Pepkor acquires controlling stake in Brazilian retailer
The deal will conclude on Feb. 4 through the acquisition of shares from Kinea Private Equity and the Caselli family.
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