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Shares of Steinhoff Recover

Photo by Martin Pettitt/Flickr In early trading today, shares in Steinhoff, a South African group, staged a dramatic recovery, despite a warning that it would be required...

Rating of Steinhoff Cut by Moody’s Again

Photo by Jeff Djevdet/Flickr For the second time in weeks, Moody's, a top ratings agency, has lowered the credit rating of Steinhoff, the embattled retail giant. Steinhoff...

Shares of Steinhoff Sink Again

Martin Pettitt/Flickr Steinhoff, the South African retail giant, saw its chairman quit on Thursday evening after the group said that it would need to reissue the...