Steinhoff Chairman Stripped Off from Billionaire Status After a Crafty Balance Sheet

An investigation on the Steinhoff Scandal is currently underway by German authorities under accusations of irregularities in the balance sheets. The investigation has caused a severe effect on the firm and has cost one of South Africa’s tycoon and main shareholder, Christo Wiese of his billionaire status. Within 48 hours of the scandal, Wiese plummeted from being of the richest South Africans to with the previously estimated worth of $5.8 billion down to roughly $728 million. Wiese was required to come back for everyday operations after getting involved as an interim CEO right after Markus Jooste, Chief Executive of Steinhoff resigned.

Wiese had a better chance of being more secure from the impact of the scandal than the pensions of thousands of South Africans that were exposed to the Steinhoff shares. Public Investment Corporation is the second largest shareholder to the company. South Africa’s finance minister requested a report on the potential impacts on the retirement funds from the scandal to be handled by the country’s regulator, the Financial Services Board.

The change of events follows a blunt similarity to an incident that happened to Steinhoff in 2016 when the firm attempted to acquired Shoprite which is Africa’s largest grocery chain, where the plan was to combine both of Wiese’s investments to create Retail Africa. Not long after that in the same year, Steinhoff acquired Mattress Firm Holdings Corp, which brought the firm to join the US market and continue to spread internationally by acquiring Poundland U.K.

The merge with Steinhoff and Shoprite collapsed in February of 2017 after investors were uncertain about the whole aspect of it.Being an international company from South Africa, primary listings linked to Steinhoff in Frankfurt lost 40% of its share value as well after the scandal emerged in the Steinhoff news

Rebound Relationships – Why they will Never Work

Because the heartache is too much, most people jump into a new relationship even when they don’t really feel something to the new person. This is not really good and if you are planning to the same thing, you should think twice first.

Instead, you can check out for new friends online. Through a random cam, you can meet new people. There are so many people out there and the internet is giving way to make them more accessible. There is no need to pretend you care for someone when you don’t.

Check out below why it is better to chat with random strangers than to get involved in a rebound relationship:

  1. You are still in a delicate stage

You probably can’t handle another relationship too soon especially if you are still grieving over it. You might only end up adding another enemy.

  1. You are only dragging another person

It would be unfair for the other person if you are not sincere with him. Note that you might felt used by your previous partner thus you are really hurt inside. Now you might do the same thing to your new found relationship. You already know how he would feel if ever.

  1. You cannot choose properly

Because you are so in a hurry in jumping to another relationship just to ease the pain you felt, you might end up with the second best. This is the usual scenario as you probably did not even scrutinize the guy properly first.

Instead of getting into another relationship right away, you can just chat with random strangers for the time being. This should give you enough time to tone down the hurt you feel because of the break-up. There is no need to be hasty as you might just experience another break-up again.

Phenq – The Best Tool to Lose Weight

With so many unhealthy foods these days, it is easy for one to go overboard. Yes, there might be times when you can suppress your cravings but when you are always put to a test like during holidays or some special days, you are indeed worth commending if you can say no to all of them.

Some might have a hard time dealing with scales, but you don’t have to anymore after reading this article. You can say this is your lucky day as you will be introduced to what is considered as revolutionary in the losing weight industry!

Yes, today you will learn about Phenq! This should be the kind of losing weight pill everyone will take as it is from all natural ingredients. It might have some reported side effects but they are not worth stressing out as they are just minimal!

Being a naturally produced pill should eliminate all your worries as sometimes, it is not the price that can make us hesitate in buying something from the pharmacy but the possibility of side effects. This aspect should be cleared now.

Do you want to know more about Phenq? Check out the Phenq customer reviews online as there are so many comments about this product. It seems that users can contain themselves from posting something after experiencing tremendous effects! They are just too happy to stay quiet.

I for one have my phenq reviews as well and for me, this is the best losing weight pill I have tried ever since. And you know what is the best news? This product is now on sale! Yes, for every three bottles of Phenq, you get 2 more for free. This is really something. You can shed off your unwanted fats in such an affordable manner.

Get Familiar with Babysitters’ Negligence

Who would want to leave their kids to other people if they can’t help it! However, because of important matters like work and some other errands, parents will be forced temporarily their babies to strangers like babysitters. But I am pretty sure they do a good thing in checking the background of their options before choosing one.

However, it is sad to note that there are still a number of reported incidents where babies are neglected and sometimes, abused at that! When this will happen to your precious baby, I am pretty sure you can’t just let it slide.

This is why while you still did not experience this, you should know your right and what you can do. It would also help if you talk to a lawyer malaysia in advance and get oriented with the law surrounding the subject.

Here are some important pointers about babysitter’s negligence you can check:

Failure of supervision

This happens when the babysitter fails to watch the baby all the time. Yes, she needs to watch the baby all the time knowing that something serious can happen in just a minute of negligence. The babysitter can be charged with negligence if the baby will get injured and even die in her care.

Dangerous environment

When the baby is in a dangerous environment such as in the beach, pool and similar places, stricter supervision is a must. There should never be a moment when the baby is not watched.

There are still other situations where the babysitter is completely liable. You can learn more about them by talking to a lawyer from the law firm malaysia.

It is really a must that you learn about this first before leaving your child to a complete stranger. The lawyers of law firms in KL should be able to answer your queries.

The Mistakes Done with Your Infographics

The Mistakes Done with Your Infographics

The Mistakes done with Your Infographics

There are a number of ways to attract traffic to your web design malaysia digital domain. A web designer should be able to advise you about this. One effective way is by incorporating infographics. This is where your message will be conveyed through the use of graphics hence the term.

A number of malaysia web design is already using infographics and they are quite contented with the result. However, there are also those that are still wondering what went wrong and they can’t still get the return they expected. Are you one of them?

If you happen to be one of them, here are the possible reasons why your infographics are not working:

  1. The market is not right

It could be that your market is not meant for your target audience. The best way to do this is to learn more about the type of consumers that will possibly enjoy the services you offer. This way, your marketing campaign will be more directed to them.

  1. Imitation

Maybe what you are doing is already done by the others. It could be that you get inspiration from them that one can easily remember your source by just looking at your website.

  1. Not well-researched

People these days are already well-informed. This is why if you have to get their attention about something, be sure you have something new to offer and your topics are well-researched.

  1. Poor structure

The good thing with infographics is that they are meant to be less boring than just reading pure contents. This is why if you decide to do this, be sure that there are more visuals than the texts.

Yes, it is not really easy to make your web design malaysia enough to attract traffic. This should not be done in haste and this should be planned well.

What Teens Need to Know About Sex

It may be awkward, for a parent, to discuss about sex with your son or daughter. However, this will help keep your children healthy and even save their lives. However, most teens today have varying views about sex talk, which entirely different from what parents see. About 90 percent of parents say that they have spoken with their teens in regards to sex. However, something seems to go different when it reaches to the ear of the teens, since only half of the teens agree to their point. You can find such discussion through different teen health boards, and you will be surprised the kind of perspective that teens have in these health boards.
But it doesn’t stop you to educate them about sex, because this is a growing concern when it comes to health for teens.

Condom is not as easy or effective as people think.

If your teen believes this, tell them that condom has long been the most effective tool in preventing pregnancy, especially when they are used the right way. They drastically reduce the chance as well in acquiring sexually transmitted diseases. Such diseases cannot be deduced by how someone looks like. Here is another advice worth telling them as well – a couple have the tendency not to put on the condom until their last minute. The reason for this is because they are already in the middle of hot passion that the man will no longer have the control that he usually possess, so this is never foolproof. Girls can still get pregnant even before ejaculation. This is the so-called pre-ejaculate as this is filed with sperm. There are also reports wherein college students have experienced typical breakage, slippage and misuse of condoms. The point here is that whenever the condom breaks or the teen engages in unprotected sex, they can always go for the emergency contraception.

Another option is by going for the high-dose birth control pill, which can be bought over the counter. This prevents pregnancy when they are taken within 72 hours. But it is most effective when it is taken right away before sex.