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South African Reserve Bank Governor, Lesetja Kganyago, is expected to push the agenda of developing countries inside the IMF. Reuters/Mike Hutchings

Top job for South African gives African countries sway at the IMF

The governor of South Africa’s Reserve Bank has been appointed to chair an important IMF committee. Countries in sub-Saharan Africa stand to benefit.
Steinhoff’s former CEO, Markus Jooste, is partly blamed for the corporate scandal that threatens to collapse the company. Financial Mail/Jeremy Glyn

Did Steinhoff’s board structure contribute to the scandal?

Gaps in the two tier board structure which is favoured in Europe may be partly responsible for the Steinhoff corporate scandal.