Meet Markus Jooste: Our in-depth interview with former Steinhoff CEO
Although he made obligatory media appearances after each set of Steinhoff’s financial results, Markus Jooste wasn’t one for interviews.
Although he made obligatory media appearances after each set of Steinhoff’s financial results, Markus Jooste wasn’t one for interviews.
Steinhoff’s R63bn acquisition of Pepkor today ranks as the biggest transaction in South African corporate history. But for CEO Markus Jooste it is just the start of a exciting new international chapter for what will be a R200bn group.
It’s been a mixed day in the markets, with news coming from Moody’s regarding the potential of future negative reviews for South Africa in light of a violent metal workers strike affecting trade. The subdued environment has been added to by American markets being closed due to 4th of July, Independence Day celebrations, despite the … Read more
Tuesday’s SENS announcement that Steinhoff CEO Markus Jooste (52) had sold R309m worth of stock gave some of the group’s shareholders the jitters. The share price has been on a rip this year, rising from R24 in June. It closed at R42.80 on Wednesday. Was the CEO signaling that after a 78% surge in six … Read more