5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

  • Embattled retail group Steinhoff is having a tough time untangling its internal debt mess, with the group seeking three extensions to over $11 billion in debt. On top of its standing accounting issues, the group says that legal costs and fees to investigate the ongoing scandal have pushed the company into the red through to March. [Bloomberg]

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5 important things happening in South Africa today