About Book:
- Published Date: 18/07/2018
- Publisher: Penguin Random House South Africa
- ISBN: 9780799371673
- Format C (Large Format). Excellent.
Summary:
On 5 December 2017 the Steinhoff group was still worth R199 billion. 24 hours later more than R160 billion of this fortune was wiped out. The Steinhoff empire, that took 20 years to build into an international business giant, had crumbled overnight. Markus Jooste, Steinhoff's flashy CEO, resigned via sms and has since been fleeing an avalanche of scandals and accusations: luxury homes for a blonde mistress, allegations of fraud, racing horses and unparalleled extravagance, a lavish, black Jaguar for an old university residence"¦ What exactly happened here? Who knew what? What is Steinhoff, who is Markus Jooste and what does it all have to do with the so called Stellenbosch mafia? Where does business tycoon Christo Wiese, Shoprite and Pepkor fit in and where is the pensioners' money? Well-known financial writer James-Brent Styan unpacks these and other questions in this astounding tale of power and greed, of secrets and deceit, and ultimately the biggest financial breakdown in the history of South Africa. Through interviews with trustworthy sources, revelations from confidential documents and in-depth research about Steinhoff's history, Styan uncovers what the group doesn't want you to know. Follow the money: the story of Steinhoff, Markus Jooste and the Stellenbosch boys is a gripping financial thriller that will be told as cautionary tale or salacious scandal in both boardrooms and living rooms for decades to come.
About Readmatter Online Used Bookshop
Born from a dream during the heart of the COVID-19 pandemic, ReadMatter has blossomed into one of South Africa s premier online used bookstores. Operating from three strategic depots in Gauteng, we diligently deliver hundreds of books weekly, illuminating minds and enriching souls and bringing the joy of reading to every corner of the nation. Our shelves boast roughly 10,000 books and 4,000 authors at any moment, with an additional 100,000 unlisted treasures available upon request. Can't find what you're looking for? Allow us the privilege to unearth it for you! At ReadMatter, a portion of every sale is lovingly donated to a variety of good causes supporting the aged, the vulnerable, and animal conservation. Join us in turning pages and transforming lives, one story at a time.
