David Shapiro, Thys du Toit: Steinhoff offer to settle legal claims - what it means for shareholders

Loading player...
Steinhoff has set aside R16.5bn to settle about 90 claims against it. In the Rational Radio webinar, BizNews founder Alec Hogg picks up with stock market expert David Shapiro and asset management heavyweight Thys du Toit, founder of Coronation, on whether the deal looks like a good one for shareholders. Steinhoff was a stock market darling until its share price crashed amid allegations of financial irregularities. Former CEO Markus Jooste stepped away, leaving forensic experts to unpick a web of complex, questionable deals. Learn more about your ad choices. Visit megaphone.fm/adchoices
27 Jul 2020 1PM English South Africa Investing · Business News

Other recent episodes

Ian Cameron: General Sibiya on charges of rape, sexual grooming, human trafficking…

In their latest interview, Chris Steyn and Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, unpack a day of high drama with the court appearance this afternoon of suspended Deputy National Commissioner General Shadrack Sibiya who is now facing charges of rape, sexual grooming, and human trafficking. The…
22 Sep 1PM 10 min

BOTH Mbalula AND Malema now face criminal prosecution | Barry Bateman

In this interview with Chris Steyn, Barry Bateman of AfriForum’s Private Prosecution Unit talk about the criminal prosecution now being faced by both ANC secretary general Fikile Mbalula and EFF leader Julius Malema “This is the second case where AfriForum’s Private Prosecution Unit has succeeded in convincing the National Prosecuting…
22 Sep 6AM 12 min