Posts

Markus Jooste still a free man – but that will change, says NPA

In late 2017 the Steinhoff scandal broke, sending tremors of anger and outrage around the world, especially in the countries where the South African multinational retail holding company traded or was listed. Accounting irregularities dating back to 2015 were uncovered during an auditing probe triggered by the refusal of Deloitte, Steinhoff’s auditing firm at the Read more >

New Covid-19 solidarity fund is on a roll

It is important for the recently established Solidarity Fund, set up by government in the wake of the novel coronavirus outbreak in South Africa, to operate with transparency and to exercise good governance. This way, South Africans will have faith in its work, which is to respond urgently to the devastation brought on by the Read more >

Steinhoff alleged corruption: business must act

Corruption Watch condemns the conduct of Steinhoff involving financial irregularities, as confirmed by former CEO, Markus Jooste, who resigned in the wake of the allegations.  The civil society organisation will continue to monitor the outcome of the investigation, and will shine a light on the impact of these corrupt business dealings. The organisation calls on Read more >