Mr Tekkie opens three branches ahead of its court battle with Pepkor (Steinhoff)

Following the Steinhoff saga, former owners of Tekkie Town and their employees have come together to set up a rival shoe business called Mr Tekkie.

CapeTalk's Kieno Kammies spoke to former CEO of Tekkie Town, now co-founder of Mr Tekkie, Bernard Mostert.

He says a lot of people have lost a lot of money in the Steinhoff accounting irregularities that wiped off 95% off its share price.

Pepkor, Steinhoff's retail business, has filed a court order against its former employees at Tekkie Town to prevent them setting up Mr Tekkie, a rival operation.

The matter will be heard on Tuesday in court and Mostert says they are ready to defend themselves.

Our case is unique in that we do have a case that dates back to May 2018 against Steinhoff to recover the business that was defrauded from us.

Bernard Mostert, former CEO of Tekkie Town, now co-founder of Mr Tekkie

Mostert says they are not backing down on this matter and they "will do what they have to do to earn a living". He says Mr Tekkie opened three branches last week and he reports they are doing very well.

We need to do something to earn a living and we need to do something to apply our skills - the skills that we have built up over many years.

Bernard Mostert, former CEO of Tekkie Town, now co-founder of Mr Tekkie

To hear the rest of the conversation with Bernard Mostert, listen below:


This article first appeared on CapeTalk : Mr Tekkie opens three branches ahead of its court battle with Pepkor (Steinhoff)


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