Tue. Apr 30th, 2024

The Africa Report understands that Steinhoff filed its appeal papers in the Western Cape high court matter on Friday. Two sources confirmed the legal filing, but declined to elaborate further because of confidentiality concerns.

More cases are pending against the retailer in South African courts, while the company has upped the ante and added more euros to the pot of its global settlement proposal. But the ongoing litigation could drag out and delay the implementation of the global settlement proposal in some jurisdictions.

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By Joy

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