Streaming issues? Report here
Bongani Bingwa 702 Gradient Bongani Bingwa 702 Gradient
Breakfast with Bongani Bingwa
06:00 - 09:00
volume_up
volume_mute

Up Next: The Eusebius McKaiser Show
See full line-up
Breakfast with Bongani Bingwa
06:00 - 09:00

Home
arrow_forward
Business
fiber_manual_record
Opinion

PSG Chair Jannie Mouton opens up (kind of) about Steinhoff

12 December 2017 6:34 PM
Tags:
Steinhoff
PSG
Christo Wiese
markus jooste
Jannie Mouton
In 2012 Steinhoff acquired 20% of wealth manager PSG, reportedly infuriating Mouton. Bruce Whitfield interviews him.

For sure it’s a shock to me! I want to be on holiday, I can’t even relax, I sit here in stress, because Bruce Whitfield is going to phone me, and you’re a powerful man.

Jannie Mouton

In 2012 Steinhoff acquired 20% of wealth manager PSG.

Steinhoff, through Christo Wiese, swapped some of its shares for those of PSG.

PSG Chairperson Jannie Mouton was, reportedly, furious when the deal went through.

The Money Show’s Bruce Whitfield interviewed Mouton.

Mouton spoke about Steinhoff and how he and his foundation sold all their Steinhoff shares 18 months ago, after he resigned from the board last year.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

We haven’t spoken since all this bad news happened.

Jannie Mouton

I have unbelievable trust in my colleagues at PSG.

Jannie Mouton

PSG is a good company… I have high opinions of the people’s integrity…

Jannie Mouton

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.


12 December 2017 6:34 PM
Tags:
Steinhoff
PSG
Christo Wiese
markus jooste
Jannie Mouton

More from Business

fikile-mbalula-briefing-30-maypng

Curfew on public transport to be lifted, domestic air travel phased in

30 May 2020 4:44 PM

Transport Minister Fikile Mbalula outlined the relaxation of transport regulations under Level 3 of the national lockdown during a media briefing on Saturday.

Share this:
Read More arrow_forward

zulzi-2jpg

[LISTEN] Zulzi's Donald Valoyi talks the future of e-commerce and creating jobs

29 May 2020 3:04 PM

The founder shares his insights on the e-commerce space and how his company has managed to be resilient.

Share this:
Read More arrow_forward

screen-shot-2020-05-28-at-100419-ampng

Cachét Creative specialises in wedding and event planning

29 May 2020 9:15 AM

Every day #702ShoutOut and Ninety One shines the spotlight an SMMEs doing great work during lockdown.

Share this:
Read More arrow_forward

Retirement couple relationship

How to plan for retirement during the Covid-19 crisis

28 May 2020 7:47 PM

The Covid-19 pandemic and the economic destruction in its wake has left some of us wondering if we'll ever be able to retire.

Share this:
Read More arrow_forward

Economy, stock market, recession

How to invest globally...during a global pandemic

28 May 2020 7:36 PM

Investors are not exactly confident to invest in shares and trade on the markets during these times.

Share this:
Read More arrow_forward

charlys-bakery-insta-picpng

Charly's bakery is at risk, asking for help

28 May 2020 7:09 PM

Lots of small businesses are going under or holding on by the skin of their teeth .

Share this:
Read More arrow_forward

Open for business

SA economy opens steadily - will it bring any relief to the contraction?

28 May 2020 6:43 PM

On Monday many sectors of the economy will return to business as usual.

Share this:
Read More arrow_forward

screen-shot-2020-05-28-at-65146-ampng

Il Designs Creative Approach offers branding solutions to various brands

28 May 2020 9:08 AM

Every day #702ShoutOut and Ninety One shines the spotlight an SMMEs doing great work during lockdown.

Share this:
Read More arrow_forward

woman-medical-care-doctore-insurance-form-pexels-photojpeg

The Ombudsman for Short-Term Insurance report - what were the complaints?

27 May 2020 7:58 PM

The Ombud for Short Term Insurance’s aim is to resolve short term insurance complaints ''fairly, efficiently and impartially''.

Share this:
Read More arrow_forward

fashion-1345082jpg

South African based e-commerce fashion retailer gets R100 million investment

27 May 2020 7:25 PM

RunwaySale, an e-commerce fashion retailer, has received an investment of R100 million from an international private equity firm.

Share this:
Read More arrow_forward

More from Opinion

Alex SANDF

SANDF findings into Collins Khosa's death absolute BS, says Eusebius

28 May 2020 10:55 AM

Callers on the open line discuss the SANDF internal inquiry into the death of Alexandra resident Collins Khosa.

Share this:
Read More arrow_forward

Eusebius McKaiser 702 Gradient

I think the government has gone absolutely bonkers, says Eusebius McKaiser

27 May 2020 11:29 AM

Callers on the open line comment on the decision by the government to open congregational worship at Level 3.

Share this:
Read More arrow_forward

melanie verwoerd_3.png

'People keep saying govt must treat them like adults. So then, wear the masks!'

23 May 2020 4:27 PM

After counting 20 people without masks during a short drive, political analyst Melanie Verwoerd called CapeTalk in despair.

Share this:
Read More arrow_forward

biancaswidth-800jpg

'Bianca Schoombee doesn't regret what she said, she regrets how it came up'

21 May 2020 11:16 AM

Callers on the Eusebius McKaiser Show debate Bianca Schoombee's tweets, apology and her Miss SA withdrawal.

Share this:
Read More arrow_forward

200519 Angie Motshekga1

'Problem is that govt wants to give textbook answers to real-life situations'

20 May 2020 11:32 AM

Callers on the Eusebius McKaiser Show express their concerns over the announcement by the basic education minister.

Share this:
Read More arrow_forward

bcx-branded-article-thumbnail-gabriel-tovar-unsplash-smalljpg

[OPINION] Digital infrastructure critical to survive a Post Corona world

20 May 2020 9:34 AM

The need for rapid adaptation is becoming more critical as the financial services sector adjusts to a post COVID-19 climate

Share this:
Read More arrow_forward

covid-19 coronavirus South Africa lockdown 123rf

'We should not treat COVID-19 numbers like a maths game,' says Eusebius

18 May 2020 11:06 AM

Eusebius McKaiser says if the numbers are treated like some daily statistical daily test we will lose the human story behind them.

Share this:
Read More arrow_forward

cigarette-buttsjpg

Smoking gets more costly as cigarette prices skyrocket during lockdown

15 May 2020 11:12 AM

Callers share how much they are spending on cigarettes during the lockdown.

Share this:
Read More arrow_forward

200513 Ramaphosa3

'The president was so annoying and exhausted,' says caller

14 May 2020 11:01 AM

702 listeners express their dissatisfaction with President Cyril Ramaphosa's address on Wednesday night.

Share this:
Read More arrow_forward

eusebius-mckaiser-show-picjpg

eNCA is behaving no differently to the worst days of the SABC - Eusebius

7 May 2020 10:48 AM

McKaiser shares his thoughts on the suspension of Xoli Mngambi and Jane Dutton from the news channel.

Share this:
Read More arrow_forward