Bank of America said to seek some margin loan sales after Steinhoff loss

Mar 21 2018 14:13

Bank of America is offloading some margin loans after losing $292m on soured credit to the former Steinhoff chair Christo Wiese, claim people in the know.


Steinhoff said to consider selling stake in STAR

Mar 20 2018 06:01

Steinhoff International Holdings is considering the sale of part of a R58bn stake in its separately listed African operations as the crisis-hit retailer looks to shore up liquidity, sources say.


Law firms look to maul Tiger Brands

Mar 18 2018 06:00

Three firms can’t wait to get their claws into class actions that could pay out millions of rands, writes Justin Brown.


Steinhoff Africa Retail turns back on parent company

Mar 15 2018 18:46

Steinhoff Africa Retail is considering a name change and over-seeing a hunt for new non-executive directors that have no connection whatsoever with its tarnished parent company.


AI offers exciting opportunities for ecommerce industry - expert

Mar 14 2018 16:57

The use of Artificial Intelligence offers exciting opportunities for the retail industry, says the head of customer experience at ecommerce website Spree.

In the news

Dealing with challenges of cross-border ecommerce

Mar 14 2018 16:02

Cross border e-commerce continues to provide significant opportunities for retailers and manufacturers with an international online product offering, says DHL.


Investors rush to get in on Steinhoff's KAP share sale

Mar 14 2018 11:52

Less than 24 hours after announcing that it had decided to sell part of its stake in KAP Industrial Holdings, Steinhoff announced it had raised R3.667bn.

Inside Fin24.com


Adidas sales growth picks up on retro trend

Mar 14 2018 10:45

Adidas has sent a message to investors who had feared a hard landing for the company’s growth story: There’s plenty of life left in those old sneakers.


Steinhoff’s a black box too big to ignore for vulture investors

Mar 14 2018 09:12

Steinhoff may look like a non-starter for most investors: its former CEO is under investigation and there’s the matter of the "missing" R60bn in cash. Yet buyers have piled in.

We're talking about: #LISTERIOSIS

Minister of Health Aaron Motsoaledi has announced that processed meat was the source of South Africa’s latest and worst listeriosis outbreak on record.

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