The Pretoria Specialised Commercial Crimes Court has sentenced a former director and board member of Steinhoff at Work, Iwan Peter Schelbert, to five years’ direct imprisonment for fraud. The ...

LONDON (Reuters) - German-listed Steinhoff International did not tell investors about almost $1 billion in transactions with a related company despite laws that some experts believe require it to do ...

JOHANNESBURG (Reuters) - A 63-year-old man whom police in South Africa on Thursday said apparently died by suicide was identified by local media as former Steinhoff chief executive Markus Jooste.

In a tragic turn of events, Markus Jooste, the former CEO of Steinhoff International, took his own life on Thursday. This occurred just a day after he was slapped with a historic fine in South Africa ...

Iwan Peter Schelbert, a former director of Steinhoff at Work, has been sentenced to five years in prison for his role in a R376 million fraud scheme.

Overseas consumer goods and retail conglomerates are willing to pay up to enter the United States market. That's the message from Steinhoff International's $3.8 billion takeover of Mattress Firm, ...

Do Steinhoff's private interests trump the public interest in knowing exactly what happened in South African biggest corporate fraud? That's the question at the heart of the case for access to the ...

South African retailer Steinhoff International Holdings will buy Mattress Firm Holding Corp, the largest specialty bedding retailer in the United States, for $3.8 billion which includes debt, both ...

The accounting irregularities that have sunk the value of Steinhoff International Holdings NV, the South African parent company of Mattress Firm, first drew scrutiny because of its high-priced ...

HERMANUS, South Africa, March 22 (Reuters) - The former chief executive of South African multinational retailer Steinhoff had been notified of an arrest warrant against him shortly before he was found ...

Steinhoff International, a South African holding company operating more than 6,500 stores under 40 brands, has acquired Sleepy’s parent company Mattress Firm for approximately $2.4 billion — $3.8 ...

Scandal-hit South African retailer Steinhoff International said on Wednesday it was increasing its proposed lawsuit settlement offer by 3.21 billion rand ($217 million), taking the total to 1.43 ...