South Africa’s most wanted CEO broke cover yesterday. And surprised many who watched his testimony in Parliament by maintaining, with conviction, that he has done nothing wrong.
Steinhoff has informed shareholders that accounting irregularities go back further than the 2017 financial statements. Therefore, the 2016 financials should be disregarded.
A chartered accountant and tax specialist, Markus Jooste says he puts relationships and people at the top of his priorities. Great advice for any entrepreneur.
The Internet really has changed everything. More for my profession than most others. Apart from the havoc it has wrought on the old media models, the web has also made research a hundred times easier. Young journalists wouldn’t believe the lengths previously required to access stuff downloaded in seconds today. Having come from the old … Read more
UPDATE NOVEMBER 2012: At the time this article was written, Absa’s share price had dropped in a week from R157 to R135. The setback wasn’t temporary. In five months since the price has remained at the lower level, marking time. At the end of August, Absa’s parent Barclays appointed Antony Jenkins as its new CEO. He has spent his first few months grappling with a group-wide review of Barclays, focusing on how to change its culture and strategy.