Business 31.12.2017 12:00 pm

Steinhoff scandal points to major gaps in stopping unethical corporate behaviour

A corporate scandal unfolding around one of the largest businesses coming out of South Africa, Steinhoff, has become a major cause for concern.

A corporate scandal unfolding around one of the largest businesses coming out of South Africa, Steinhoff, has become a major cause for concern. It threatens to wipe out hundreds of billions of rand invested on behalf of many people – rich as well as ordinary South Africans. Sibonelo Radebe asked Jannie Rossouw to interrogate the saga.

Steinhoff scandal points to major gaps in stopping unethical corporate behaviour
Steinhoff scandal points to major gaps in stopping unethical corporate behaviour

Steinhoff scandal points to major gaps in stopping unethical corporate behaviour

A corporate scandal unfolding around one of the largest businesses coming out of South Africa, Steinhoff, has become a major cause for concern.

Vintage Zuma delivers a vengeful swansong, devoid of any responsibility
54th ANC National Conference

Vintage Zuma delivers a vengeful swansong, devoid of any responsibility

Slate politics are the reason for internecine contests for leadership positions in the ANC, which, as he correctly pointed out, rob the ANC of good leadership.
The three barriers blocking Zimbabwe’s progress: Zanu-PF, Mnangagwa and the military
Africa

The three barriers blocking Zimbabwe’s progress: Zanu-PF, Mnangagwa and the military

Zimbabwe’s new President Emmerson Mnangagwa has been cautiously welcomed with the hope that he will place Zimbabwe on a more democratic trajectory.
One in three people failing to take important diabetes drug
Lifestyle

One in three people failing to take important diabetes drug

Up to a third of people prescribed metformin – the most commonly prescribed drug for treating type 2 diabetes – are not taking the drug, our latest research shows.
Fracking and earthquakes: weighing up the dangers in SA
Talking Point

Fracking and earthquakes: weighing up the dangers in SA

The South African government is looking into fracking to reduce the country’s huge reliance on coal for energy.
More people went hungry in Africa in 2017. But new initiatives also bore fruit
Talking Point

More people went hungry in Africa in 2017. But new initiatives also bore fruit

The number of people experiencing food insecurity in Africa rose from 220 million people to 224 million people this year.
The ANC has a new leader: but SA remains on a political precipice
54th ANC National Conference

The ANC has a new leader: but SA remains on a political precipice

Rumours that President Jacob Zuma has instructed the South African National Defence Force to draw up plans for implementing a state of emergency may or may not be true.
What does Ramaphosa’s victory mean for SA’s economy?
54th ANC National Conference

What does Ramaphosa’s victory mean for SA’s economy?

A great deal is expected from Cyril Ramaphosa who was elected as the president of South Africa’s governing party, the African National Congress (ANC).
SA needs electoral reform, but president’s powers need watching
54th ANC National Conference

SA needs electoral reform, but president’s powers need watching

Within a short time, the 4000 odd delegates to South Africa’s governing African National Congress’s 54th National Conference will elect a new party leader.
SA race relations laid bare in Steinhoff corporate scandal
Business

SA race relations laid bare in Steinhoff corporate scandal

South Africans are fond of debating whether public or private sector failings are the bigger problem.
Why talk of unity in ANC is disingenuous, and dangerous
54th ANC National Conference

Why talk of unity in ANC is disingenuous, and dangerous

South Africa is gripped by anxiety laced with anticipation as the much anticipated African National Congress (ANC) 54th elective conference draws closer.
South Africa’s communist party strips the ANC of its multi-class ruling party status
54th ANC National Conference

South Africa’s communist party strips the ANC of its multi-class ruling party status

The SACP, and Cosatu, thought that their fortunes had turned when, with their support, Jacob Zuma was elected president of the ANC in Polokwane in 2007.
Why the focus on China’s role in Mugabe’s fall missed the bigger picture
Africa

Why the focus on China’s role in Mugabe’s fall missed the bigger picture

There are reasons to draw a direct parallel between China and the recent events in Zimbabwe.
Here are a few (serious) things that cast doubt on ANC’s ability to choose the right leaders
54th ANC National Conference

Here are a few (serious) things that cast doubt on ANC’s ability to choose the right leaders

SA’s governing African National Congress (ANC) holds its highly contested national elective conference for its top six leaders, between December 16 – 20.
Why traditional healers could have a role to play in fighting HIV
Talking Point

Why traditional healers could have a role to play in fighting HIV

Many cultures and societies throughout the world turn to traditional healers to find out why they are ill and to seek treatment.
Designer proteins: the new generation of HIV vaccines being put to the test
Talking Point

Designer proteins: the new generation of HIV vaccines being put to the test

South Africa has made tremendous advances in providing lifesaving antiretroviral therapy for HIV infected people.
Mid-week Reflections: Gauteng ANC PEC, Esidimeni and ignorantia juris non excusat
Columns

Mid-week Reflections: Gauteng ANC PEC, Esidimeni and ignorantia juris non excusat

The only rationale left is that Mahlangu’s robust objection towards testifying at Life Esidimeni hearings is in order to save ANC Gauteng PEC’s face before the elective conference.
Why a Mnangagwa presidency would not be a new beginning for Zim
Talking Point

Why a Mnangagwa presidency would not be a new beginning for Zim

Despite claims to the contrary by the Zimbabwean military spokesperson Major General Sibusiso Moyo, Zimbabwe is in the throes of its first coup d’état since independence in 1980.
SA still struggling to ‘give back the land’
Talking Point

SA still struggling to ‘give back the land’

Land is a highly charged and politicised issue all over the world. SA, with its history of extreme dispossession through colonialism and apartheid, is no exception.
HIV remission: the quest to turn lessons from exceptional cases into solutions
Fitness and health

HIV remission: the quest to turn lessons from exceptional cases into solutions

The discovery is only the first bit of a puzzle we are piecing together – on an ongoing basis – into what exactly causes suppression.
South Africans in rural areas are saying ‘no more’. Why it matters
Talking Point

South Africans in rural areas are saying ‘no more’. Why it matters

This is a mistake because the future of the country’s economy may depend on battles raging in its far-flung rural areas.
Cape Town water crisis: 7 myths that must be bust
CPT Day Zero

Cape Town water crisis: 7 myths that must be bust

One of South Africa’s biggest cities, Cape Town, is gripped by a rising panic.
Magufuli has been president for two years: how he’s changing Tanzania
Talking Point

Magufuli has been president for two years: how he’s changing Tanzania

There were scarcely any hints of the tumultuous years that would follow the swearing-in of Dr John Pombe Magufuli on 5th November 2015 as Tanzania’s fifth president.
Robert Mugabe as WHO goodwill ambassador – what went wrong?
Africa

Robert Mugabe as WHO goodwill ambassador – what went wrong?

WHO backtracked on appointing Mugabe as their goodwill ambassador.

hot tips of the day
BEST BET

VALUE BET

RACE MEETING

hot tips of the day

poll

today in print