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Africa in Focus: Steinhoff’s Spectacular Slump

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Date: 2019-08-15 11:29:47

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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.”

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