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Steinhoff’s R25bn Settlement has been approved

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The Western Cape High Court has approved Steinhoff's bid to have its R25 billion settlement proposal made final and binding. After months of intense litigation, the case was wrapped up in less than half an hour on Monday morning, with Judge Rosheni Allie ruling that she could find no reason to not grant Steinhoff's request. We speak to Zwelakhe Mnguni, Chief Investment Officer & Co-Founder At Benguela Global Fund Managers to make sense of the impact of the decision.
24 Jan 2022 11AM English South Africa Business News · Investing

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