Poundland faces uncertain future as crisis grips owner
Discount retailer Poundland faces an uncertain future as the crisis at its South African parent company deepens.
Steinhoff's chairman Christo Wiese has resigned as chairman, just days after the now-former billionaire stepped in as interim chief executive following the departure of Markus Wooste.
Wooste left when Steinhoff announced an investigation into its accounts and in an update it said it would need to restate its financial accounts for 2016 as they "could no longer be relied upon".
Steinhodd's share price crashed 80% in... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
