Steinhoff pulls back as Pepco’s Andy Bond steps down
Andy Bond, the man in charge of Steinhoff’s crown jewel Pepco, has decided to step down based on health grounds.
Andy Bond, the man in charge of Steinhoff’s crown jewel Pepco, has decided to step down based on health grounds.
Bernard Mostert sits down with BizNews founder Alec Hogg to discuss the ins and outs of the Steinhoff settlement saga.
Tekkie Town’s Bernard Mostert discusses the Steinhoff settlement saga with BizNews founder Alec Hogg and veteran analyst David Shapiro.
The Western Cape High Court declared on Friday that a key aspect of Steinhoffโs settlement plan was legally void. Tekkie Town’s Bernard Mostert discusses the implications.
Bernard Mostert, the former CEO of Tekkie Town, spoke to BizNews founder Alec Hogg stating that Tekkie Town ‘wants its day in court’.
The New House of Busby have the distribution rights to GUESS, Aldo, Call it Spring and Steve Madden, Kipling and Delsey.
Biznews editor Alec Hogg interviewed Bernard Mostert, former CEO of Tekkie Town, one of the last companies bought by Steinhoff before the group crashed in a morass of fraud and financial irregularities.
As the entrails of the corrupt Steinhoff empire become exposed, bruised investors are realising how little defence they have against a sociopathic CEO supported by crooked auditors.
Markus Jooste bought Tekkie Town from Braam Van Huyssteen in August 2016 for R3.3bn – paying with shares today worth just R35m – a depreciation of 99%.
The Tekkie Town vendors brought the urgent application in the Western Cape High Court on April 25 seeking to interdict Steinhoff until such time as a ruling in their main action has been handed down.