Download or read book CHRISTO WIESE written by TJ. STRYDOM and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Stellenbosch Mafia written by Pieter du Toit and published by Jonathan Ball Publishers. This book was released on 2019-07-15 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Steinhoff inside SA s biggest corporate crash written by James-Brent Styan and published by Penguin Random House South Africa. This book was released on 2018-07-18 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Fortunes written by Ebbe Dommisse and published by Icon Books. This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive work based on personal interviews and insider knowledge - bound to become a classic.
Download or read book Africa s Billionaires written by Chris Bishop and published by Penguin Random House South Africa. This book was released on 2017-07-01 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Steinheist written by Rob Rose (Journalist) and published by . This book was released on 2018-10-31 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.
Download or read book Fortunes written by Ebbe Dommisse and published by Jonathan Ball Publishers. This book was released on 2021-04-27 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The CEO X factor written by KC Rottok Chesaina and published by Jonathan Ball Publishers. This book was released on 2023-05-03 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: '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.
Download or read book Historian written by Hermann Giliomee and published by University of Virginia Press. This book was released on 2018-01-04 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Wines of the New South Africa written by Tim James and published by Univ of California Press. This book was released on 2013-07-18 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sought after by European aristocrats and a favorite of Napoleon Bonaparte, the sweet wines of Constantia in the Cape Colony were considered to be among the worldÕs best during the eighteenth and nineteenth centuries. During the first democratic elections in 1994, South Africa began to re-emerge onto the international wine scene. Tim James, an expert on South African wines, takes the reader on an information-packed tour of the region, showing us how and why the unique combination of terroir and climate, together with dramatic improvements in winemaking techniques, result in wines that are once again winning accolades. James describes important grape varieties and wine stylesÑfrom delicate sparkling, to rich fortified, and everything in betweenÑincluding the varietal blends that produce some of the finest Cape wines. Anchoring his narrative in a rich historical context, James discusses all the major wine regions, from Cederberg to Walker Bay, complete with profiles of more than 150 of the countryÕs finest producers.
Download or read book The Rise and Fall of Saambou Bank written by John Chibaya Mbuya and published by Dr John Chibaya Mbuya. This book was released on 2005 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Damaged Goods written by Oliver Shah and published by Penguin UK. This book was released on 2018-06-28 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: DISCOVER THE SHOCKING TRUTH BEHIND THE BUSINESS AND LIFESTYLE OF SIR PHILIP GREEN 'Superb' Evening Standard 'From the glitzy parties to the threatening phone calls, the larger-than-life characters to the speedy downfall, this real-life tale of hubris has all the elements of a Greek tragedy' City AM 'Entertaining stuff, pacily written. Filled with colourful characters - and expletives' The Times 'Shah has written a hard-hitting, often funny, ultimately sobering tale of how fortunes were made and lost in late 20th and early 21st century Britain' Financial Times 'A detailed and entertaining dismantling of the 'king of the high street'' Guardian Longlisted for the FT and McKinsey Business Book of the Year Award 'Some stupid f*cking book' Sir Philip Green In this jaw-dropping expose, Oliver Shah uncovers the truth behind one of Britain's biggest business scandals, following Sir Philip Green's journey to the big time, the wild excesses of his heyday and his dramatic demise. Sir Philip Green was once hailed one of Britain's best businessmen. As chairman of Arcadia Group, home to brands such as Topshop, Dorothy Perkins and Miss Selfridge, Green had prime ministers and supermodels on speed dial. But the retail magnate's reputation came crashing down when Shah, a Sunday Times journalist, uncovered the methods Green used to amass his gigantic offshore fortune, and the desperation that drove his doomed BHS deal. In 2015, Green sold British Home Stores for £1 to Retail Acquisitions, owned by Dominic Chappell, a charlatan who siphoned off BHS's remaining millions before filing for administration. By the time it went under in April 2016, BHS had debts of £1.3bn, including a pension deficit of £571m. Its collapse left 11,000 employees without jobs and 20,000 pension fund members facing the loss of their benefits, prompting the government to launch an inquiry into Green's sale of the company. While one of Britain's oldest department stores boarded up its shop fronts, former employees and shoppers protested in the streets and MPs rallied in parliament, demanding Green be stripped of his knighthood. The furore over the sale subsided in 2017 when Green agreed a £363m deal with the Pensions Regulator, but with revelations surrounding Topshop's pension deficit now surfacing, could tragedy strike again? Oliver Shah is the award-winning Business Editor of the Sunday Times and one of the most respected national commentators on business and the high street. He was named business journalist of the year at both the Press Awards and London Press Club Awards in 2017 for his investigation into Sir Philip Green. Shah studied English at Cambridge University and journalism at City University before joining City AM in 2009 and the Sunday Times in 2010. Aged 34, Shah lives in east London.
Download or read book The Upside of Down written by Bruce Whitfield and published by Pan Macmillan South africa. This book was released on 2021-01-18 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: New edition with updated content In a world shaped by Covid-19 and characterised by fake news, manipulated feeds of information and divisive social-media agendas, it’s easy to believe that our time is the most challenging in human history. It’s just not true. It is a time of extraordinary opportunity. But only if you have the right mindset and attitude. Fear of the future breeds inaction and leads to strategic paralysis. Problem-solvers thrive in chaotic and uncertain times because they act to change their future. Winners recognise that in a world of growing uncertainty, you need to resort to actions on things you can control. A robust mindset is the one common characteristic Bruce Whitfield has identified in two decades of interrogating how South Africa’s billionaires and start-up mavericks think differently. They don’t ignore risk or hope that problems will go away. They constantly measure, manage, consider and weigh up opportunities in a tumultuous sea of uncertainty and find ways around obstacles. If, as Nobel Prize-winning economist Robert Shiller suggests, the stories we tell affect economic outcomes, then we need to tell different stories amidst the noise and haste of a rapidly evolving world.
Download or read book Financial Failures and Scandals written by Krish Bhaskar and published by Routledge. This book was released on 2019-04-16 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This concise volume evaluates the cause and significance of recent corporate failures and financial scandals, and how they reflect on the fitness for purpose of the external auditors, financial reports, financial watchdogs, boards, directors and senior management. Failures like the disastrous collapse of Carillion, examined at length, have ultimately led to a crisis of confidence not only in the audit process but in the entire process of financial reporting. Revealing the shortcomings in audit quality, independence, choice and the growing expectation gap, Financial Failures and Scandals questions if the profession, its regulators or government watchdogs, are adequately prepared for the challenges of increasing regulation, public outcry and political scrutiny in the face of inevitable future financial failures. The fundamental structures of financial reporting, annual reports, boards of directors and senior management are often found to have failed. Tighter regulation and new requirements for reporting will inevitably result. Drawing on extensive research and interviews with insiders, users and experts, this unique book provides a compelling account of the profoundly disruptive impact of financial failures on corporate and financial accountability. Topical and readable, this book will be of great interest to students, researchers and professionals in accounting and auditing, as well as to policy makers and regulators.
Download or read book South Africa News Update written by and published by . This book was released on 1993 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consists of reproductions of articles from South African newspapers.
Download or read book Apartheid Guns and Money written by Hennie van Vuuren and published by Oxford University Press. This book was released on 2019-03-01 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its last decades, the apartheid regime was confronted with an existential threat. While internal resistance to the last whites-only government grew, mandatory international sanctions prohibited sales of strategic goods and arms to South Africa. To counter this, a global covert network of nearly fifty countries was built. In complete secrecy, allies in corporations, banks, governments and intelligence agencies across the world helped illegally supply guns and move cash in one of history's biggest money laundering schemes. Whistleblowers were assassinated and ordinary people suffered. Weaving together archival material, interviews and newly declassified documents, Apartheid Guns and Money exposes some of the darkest secrets of apartheid's economic crimes, their murderous consequences, and those who profited: heads of state, arms dealers, aristocrats, bankers, spies, journalists and secret lobbyists. These revelations, and the difficult questions they pose, will both allow and force the new South Africa to confront its past.
Download or read book Noseweek written by and published by . This book was released on 2008 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt:
