Steinhoff in the spotlight
How to lose R220-billion in less than a week? This is the sardonic question readers want answered when they dip into the latest offering by James-Brent Styan, Steinhoff: Inside SA's biggest corporate crash, or the Afrikaans version, Steinhoff en die Stellenbosse Boys. And the book does not disappoint. It reads like a thriller as it chronicles the rise and fall of the retail holding company and its head honcho, Markus Jooste. At the George launch of the book on Wednesday evening, Styan outlined how top auditing firms were suckered into believing all was well in the vastly overvalued empire.
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