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Author: TJ. STRYDOM
Publisher:
ISBN: 9780624085867
Category : Businessmen
Languages : en
Pages :
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Book Description
Christo Wiese - once the owner of a diamond mine, a wine farm and the most expensive house in Cape Town. Former chairman of South Africa's largest retailer, director of the Reserve Bank and the richest man in the country. Over the course of 50 years these calculated risks paid off, making him one of the most successful businessmen of his generation - until he encountered the furniture group Steinhoff, and things went awry.
Author: TJ. STRYDOM
Publisher:
ISBN: 9780624085867
Category : Businessmen
Languages : en
Pages :
Get Book Here
Book Description
Christo Wiese - once the owner of a diamond mine, a wine farm and the most expensive house in Cape Town. Former chairman of South Africa's largest retailer, director of the Reserve Bank and the richest man in the country. Over the course of 50 years these calculated risks paid off, making him one of the most successful businessmen of his generation - until he encountered the furniture group Steinhoff, and things went awry.
Author: Pieter du Toit
Publisher: Jonathan Ball Publishers
ISBN: 1868429199
Category : Biography & Autobiography
Languages : en
Pages : 254
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Book Description
About 50km outside of Cape Town lies the beautiful town of Stellenbosch, nestled against vineyards and blue mountains that stretch to the sky. Here reside some of South Africa's wealthiest individuals: all male, all Afrikaans – and all stinking rich. Johann Rupert, Jannie Mouton, Markus Jooste and Christo Weise, to name a few. Julius Malema refers to them scathingly as 'The Stellenbosch Mafia', the very worst example of white monopoly capital. But who really are these mega-wealthy individuals, and what influence do they exert not only on Stellenbosch but more broadly on South African society? Author Pieter du Toit begins by exploring the roots of Stellenbosch, one of the wealthiest towns in South Africa and arguably the cradle of Afrikanerdom. This is the birthplace of apartheid leaders, intellectuals, newspaper empires and more. He then closely examines this 'club' of billionaires. Who are they and, crucially, how are they connected? What network of boardroom membership, alliances and family connections exist? Who are the 'old guard' and who are the 'inkommers', and what about the youngsters desperate to make their mark? He looks at the collapse of Steinhoff: what went wrong, and whether there are other companies at risk of a similar fate. He examines the control these men have over cultural life, including pulling the strings in South Africa rugby.
Author: James-Brent Styan
Publisher: Penguin Random House South Africa
ISBN: 079937167X
Category : True Crime
Languages : en
Pages : 287
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Book Description
On 5 December 2017 the Steinhoff group was still worth R199 billion. 24 hours later more than R160 billion of this fortune was wiped out. The Steinhoff empire, that took 20 years to build into an international business giant, had crumbled overnight. Markus Jooste, Steinhoff’s flashy CEO, resigned via sms and has since been fleeing an avalanche of scandals and accusations: luxury homes for a blonde mistress, allegations of fraud, racing horses and unparalleled extravagance, a lavish, black Jaguar for an old university residence”¦ What exactly happened here? Who knew what? What is Steinhoff, who is Markus Jooste and what does it all have to do with the so called Stellenbosch mafia? Where does business tycoon Christo Wiese, Shoprite and Pepkor fit in and where is the pensioners’ money? Well-known financial writer James-Brent Styan unpacks these and other questions in this astounding tale of power and greed, of secrets and deceit, and ultimately the biggest financial breakdown in the history of South Africa. Through interviews with trustworthy sources, revelations from confidential documents and in-depth research about Steinhoff’s history, Styan uncovers what the group doesn’t want you to know. Follow the money: the story of Steinhoff, Markus Jooste and the Stellenbosch boys is a gripping financial thriller that will be told as cautionary tale or salacious scandal in both boardrooms and living rooms for decades to come.
Author: Chris Bishop
Publisher: Penguin Random House South Africa
ISBN: 1776091221
Category : Biography & Autobiography
Languages : en
Pages : 261
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Book Description
A masterclass in becoming a wealth-generating entrepreneur! Do you have what it takes to become a billionaire? Written by the founder of Forbes Africa, this is a masterclass on how the brightest and most successful entrepreneurs across Africa made their fortunes, as well as a timely look at how the work of entrepreneurs can influence lives in Africa and create the jobs that empty state coffers can no longer afford. Chris Bishop gets up close and personal with the biggest names in business on the continent: Aliko Dangote, Patrice Motsepe, Nicky Oppenheimer, Christo Wiese, Wendy Appelbaum and Stephen Saad, among others. These are the stories of how they not only survived, but thrived, in the fast and furious world of African business: Narendra Raval, the penniless priest who became a steel baron; Tim Tebeila, the barefoot apple-seller who turned into a mining millionaire; Herman Mashaba, the ‘knocksman’ who went from running dice games and dealing drugs to running a city; Pascal Dozie, the economics student who studied with Mick Jagger ... This is a rich tapestry of stories about the super-wealthy and the qualities that make them so spectacularly successful, in arguably the most challenging economic arena in the world.
Author: Ebbe Dommisse
Publisher: Icon Books
ISBN: 9781776191468
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
A comprehensive work based on personal interviews and insider knowledge - bound to become a classic.
Author: Rob Rose (Journalist)
Publisher:
ISBN: 9780624085973
Category : Business failures
Languages : en
Pages : 311
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Book Description
"The Steinhoff crash wiped more than R200bn off the Johannesburg Stock Exchange, erased more than half the wealth of tycoon Christo Wiese and knocked the pension funds of millions of ordinary South Africans. When this investors' darling was exposed as a house of cards, tales of fraudulent accounting, a lavish lifestyle involving multimillion-rand racehorses and ructions in the 'Stellenbosch mafia' made headlines around the world. As regulators tally up the cost, Financial Mail editor Rob Rose reveals the real inside story behind Steinhoff. Based on dozens of interviews with key players in South Africa, the UK, Germany and the Netherlands - and documents not yet public - Steinheist reveals: How Bruno Steinhoff formed the company by doing business in the Communist bloc and apartheid South Africa; How the 'Markus myth' started in the dusty streets of Ga-Rankuwa and grew thanks to a 'bit of luck' in a 1998 takeover; How Jooste insiders shifted nasty liabilities off Steinhoff's balance sheet to secretive companies overseas in order to present a false picture of the profits; How Wiese was lucky to lose only R59bn and how Shoprite narrowly escaped getting caught in Steinhoff's web; and What happened behind closed boardroom doors in the frantic week before Jooste resigned"--Back cover.
Author: Chris A. Mallin
Publisher:
ISBN: 0198806760
Category : Business & Economics
Languages : en
Pages : 437
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Book Description
The most accessible introduction to corporate governance, providing broad, international coverage, whilst illustrating real world governance in action.
Author: Ebbe Dommisse
Publisher: Jonathan Ball Publishers
ISBN: 1868427552
Category : Biography & Autobiography
Languages : en
Pages : 504
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Book Description
A handful of Afrikaners have risen to the very top of the business world in South Africa in the past three decades, some of them now dollar billionaires with vast global business interests. With Koos Bekker at its helm, media group Naspers grew to dominate the Johannesburg Stock Exchange and was transformed into a global consumer internet group. Johann Rupert boldly extended Richemont's share in the upper-end market of luxury goods, while Christo Wiese and Whitey Basson at Pepkor and Shoprite became Africa's largest clothing and food retailers. Based predominantly on personal interviews, Fortunes reveals why individuals such as Jannie Mouton, Michiel le Roux, Douw Steyn, Johan van Zyl, GT Ferreira, Hendrik du Toit, and several commercial farmers, turn whatever they touch to gold. Work ethic, astute alliances and an appetite for risk have catapulted them to great heights. The rise of the Afrikaner super-rich has coincided with the government's black economic empowerment programme, making it one of the unexpected features of the South African economy today. Fortunes is an unrivalled work that explains who these tycoons are, how they built their empires and how the sensational collapse of Steinhoff International, led by Markus Jooste, almost destroyed some of their fortunes. The book boldly interrogates their spirit of enterprise, faults and follies, but also their vast philanthropic contributions to the country.
Author: KC Rottok Chesaina
Publisher: Jonathan Ball Publishers
ISBN: 1776192397
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
'A fantastic opportunity to drink from the pool of excellence.' – Bonang Mohale, President of Business Unity SA CEOs can build up a business from nothing or turn around a company that is on the verge of bankruptcy. Inspiring with their relentless drive, strong leadership and innovation that can turn whole industries on their heads, they are the dynamos of our economy. What is the X factor that ensures a CEO's success? KC Rottok Chesaina seeks to uncover the unique personality traits, business acumen and leadership values that have turned CEOs into captains of industry. Based on extensive research and focused interviews with the leaders of some of South Africa's top companies, including Vodacom, Bidvest, Capitec Bank, RMB, Dis-Chem, Discovery Health, Nedbank, Sanlam, Momentum, Curro, Exxaro, Harmony Gold and MTN, Chesaina's book takes you to the heart of corporate South Africa. With real-life examples, The CEO X factor shows that reaching the top is about much more than money – it requires a very specific kind of character, straightforward strategies, a true focus on people and a value-driven approach.
Author: Hermann Giliomee
Publisher: University of Virginia Press
ISBN: 0813940923
Category : History
Languages : en
Pages : 490
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Book Description
In this eloquent memoir, already widely read and praised in the author’s native South Africa, Hermann Giliomee weaves together the story of his own life with that of his country--a nation that continues to absorb and inspire him, both despite and because of its tortuous history. An internationally respected historian--his landmark The Afrikaners, writes J. M. Coetzee, "includes an account of the origins and demise of apartheid that must rank as the most sober, objective and comprehensive we have"-- Giliomee has devoted a lifetime to exploring the origins and perpetuation of the deep divisions in South African society. Although he grew up in the heart of the Afrikaner nationalist movement, he soon began to cut his own path in examining the rise and entrenchment of exclusive Afrikaner power and became one of the National Party’s chief critics. As an "outside insider"--or, to his critics, a "snake in the grass"--Giliomee has an understanding of Afrikaner power that is informed and nuanced. He has engaged with members on all sides of South Africa’s debates--many of whom appear in these pages through vivid and insightful portraits--and his outspokenness has hit nerves across the political spectrum. The personal journey of this original and courageous thinker will appeal to anyone interested in the complexities of South Africa’s past and present. Reconsiderations in Southern African History
