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Markus Jooste: I resigned because “I had enough” of all the tax investigations. Jooste didn’t think there was any need for a new forensic investigation (as Deloitte wanted) so “I wanted to force them to take the right decision for the company”.

Markus Jooste: the mistakes were to grow too fast, too quickly and to rely on a close association with a strategic partner he shouldn’t have (Andreas Seifert). Jooste makes no mention of the, um, fraud!

Markus Jooste: I put my job “at risk” because I believed there was no need for another forensic investigation, as it would delay the financial results coming out. Yunus Carrim, the chair, says he’s trying to come across like the Mother Theresa of Steinhoff, trying to avoid guilt

Markus Jooste: his company Mayfair Speculators sold at 68m Steinhoff shares in December so he has no more shares left.

Markus Jooste: I took my decision to resign in December when Steinhoff didn’t want to take my advice, and I’d had enough. Nothing to do with his “mistakes” apparently.

Let it not be said that, in South Africa, second chances aren’t abundant. Just look at our politicians: they’ve made an art out of failing upwards. Exhibit A: Kabelo Gwamanda. Shirley de Villiers on possibly the worst mayor Joburg has ever had. 🔗 Tap to read. currencynews.co.za/the-nine-lives…

It appears the Joburg mayor is in a high-stakes game of chicken with Eskom, betting the utility wouldn’t dare flick the switch on the country’s economic powerhouse. That could prove costly, writes Rob Rose. Tap the 🔗 for more on this story. currencynews.co.za/lights-out-for…

My article in Daily Maverick on the landmark PAIA / freedom of information case amaBhungane FinancialMail v #Steinhoff - dailymaverick.co.za/article/2024-1… Sam Sole Rob Rose Warren Thompson Susan Comrie Caroline James

South African politician Helen Zille: ‘The ANC has to come apart’ on.ft.com/4g9tHK3

Trenchant analysis of the #Stilfontein tragedy - “the state’s iron-fist response turned a mine invasion into a humanitarian crisis…”⁦⁦Currency⁩ ⁦Rob Rose⁩ How Stilfontein spiralled out of control - Currency News currencynews.co.za/how-stilfontei…

José Morgado What happened?

Scandal-ridden Steinhoff hid the 7,000-page report into its dirty dealings for seven years. That report carefully details the retailer’s fall from grace. Tap the 🔗 for details as Steinheist author Rob Rose investigates. currencynews.co.za/inside-the-pwc…

Zelensky is a wartime leader watching his people suffer and die under Russian attacks every day. To be lectured and lied to by Trump and Vance, as they defend the war criminal dictator committing these atrocities, is unimaginable agony. An everlasting shame for America.

ActionSA has come to the ANC’s aid to get the budget over the line. But at what cost to the government of national unity? Tap the 🔗 for details from Rob Rose and Vernon Wessels. currencynews.co.za/mashabas-budge…

Liberation defibrillation: Trump’s trade war draws blood Trump may laud the punitive tariffs he applied this week, but they’re likely to spark a global recession. Tap the 🔗 for details from Rob Rose and Vernon Wessels. tinyurl.com/3bmmy92k

Alas, poor GNU — last rites for the coalition The unity government looked like an opportunity to reshape South Africa’s economy. After the budget debacle, it looks all but dead. 🔗 Rob Rose and Vernon Wessels have the full story below. tinyurl.com/ye26aff5

After fighting to keep it secret - Eskom has released this agreement to Open Secrets that shows the largest number electricity consumer in the country - South32’s Hillside smelter - gets an enormous discount that we are all subsidising.

Capitec’s CEO says South Africa’s real jobless rate is 10%. Stats SA says he’s way off. Who’s right? Spoiler: it’s not the banker. Tap the 🔗 as Rob Rose unpacks why. currencynews.co.za/is-unemploymen…