This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Markus Jooste, Steinhoff skelm: Why he still roams free three years after stepping away from wreckage - #2020 in review

Loading player...

2020 in review. In 2017, an accounting scandal erupted at South African multinational Steinhoff. As the German authorities uncovered a number of financial irregularities, Steinhoff CEO Markus Jooste jumped ship. Steinhoff’s demise meant that a number of wealthy investors, including billionaire Christo Wiese, felt the devastating effects of its share price drop. Many individuals had Steinhoff in their portfolios as did funds. Understandably, South Africans are crying out for Jooste to be brought to justice. In his weekly webinar, BizNews colleague Tim Modise asked National Prosecuting Authority (NPA) spokesperson Sipho Ngwema when we can expect to see results. Full story at BizNews.com. - Editor Learn more about your ad choices. Visit megaphone.fm/adchoices

7 Dec 2020 12PM English South Africa Investing · Business News

Other recent episodes

Director’s Cut: Foot-and-Mouth crisis - Why SA’s livestock industry is on the brink

South Africa faces its worst livestock crisis since 1897. Farmers, vets and economists warn that government paralysis on foot-and-mouth disease could devastate food security, rural livelihoods and consumer prices.

12 Jan 9AM 46 min

BN Briefing: Farmers on their knees, the Fed under fire, and Gold flashing red

From a devastating foot-and-mouth outbreak crippling South African farmers to an explosive showdown between Donald Trump and the US Federal Reserve, today’s BizNews Briefing unpacks a world under pressure. David Shapiro questions where SA’s business titans have gone, while mining guru Peter Major delivers a chilling warning that gold may…

12 Jan 8AM 13 min

The Editor's Desk - Mon 12 Jan 2026: Southern Africa’s political tremors, and a rules-based world under strain

Alec Hogg connects the dots from Mozambique’s unrest to Angola’s UNITA surge — and what it signals for liberation parties, SA’s 2026 vote, and a tougher global order.

12 Jan 5AM 10 min

BizNews Daybreak Mon 12 Jan: Is SA Govt “Burning” Farmers? Powell under investigation and Heystek on market melt-up

Alec Hogg unpacks a developing crisis in South Africa's agricultural sector, where farmers describe the uncontrolled spread of Foot-and-mouth disease as a "state-enabled disaster." With the outbreak being called the worst hit to livestock since the Rinderpest of 1897, we hear from experts on the ground who say current government…

11 Jan 11PM 18 min

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…

11 Jan 6AM 18 min

All episodes