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Bloomberg - Africa in Focus! Steinhoff's Spectacular Slump

Bloomberg - Africa in Focus! Steinhoff's Spectacular Slump

  • TV-G
  • 2019
  • 4mins
Aug.15 -- Household goods company Steinhoff struggles in South Africa continue as it attempts to shake off a 2017 accounting scandal. Meanwhile investors are pricing in a potential credit ratings downgrade for South African bonds and the move to mobile banking is accelerating in sub-Saharan Africa. Amo Mbatha reports on Bloomberg Daybreak: Middle East.