Former Steinhoff CEO Markus Jooste has died Tshepo Mongoai

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Former Steinhoff CEO Markus Jooste has died at age 63. SABC News has confirmed that Jooste reportedly shot himself in his home in Hermanus. Details surrounding the incident are still scratchy. This follows an announcement by the Financial Sector Conduct Authority (FSCA) on Wednesday saying it has fined Jooste R475 million for misrepresenting Steinhoff's financial statements published between 2014 and 2017. SABC News Economics Editor, Tshepo Mongoai, joins us for more... • For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

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