Steinhoff CEO Resigns, Seeks Independent Probe Into Irregularities


Retail holding company Steinhoff said on Wednesday its CEO Markus Jooste, had resigned and that it had asked for an investigation into accounting irregularities. “New information has come to light today which relates to accounting irregularities requiring […]

Transnet CEO Urges More Investment In African Ports

PICTURE: Transnet Port Terminals

The head of South Africa’s state-owned transport company Transnet on Tuesday called for greater integration, deregulation and investment into Africa’s port capacity, to reduce costs and increase turnaround times. Transnet CEO Siyabonga Gama told the […]

BBC Suspends CEO Over ‘Missing’ R5 Million


The Black Business Council (BBC) has announced that it has suspended its President Dr Danisa Baloyi pending the finalisation of the investigation into the missing R5 million donation from Airports Company South Africa (ACSA) In […]