NEW YORK — Lawson Ricketts and Nick Geimer never expected their move to Africa 20 years ago would lead to a global home furnishing and design brand. The founders of New York-based Ngala Trading, an ...

JOHANNESBURG/ FRANKFURT (Reuters) - South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion (£1.1 billion) in local companies PSG Group and KAP Industrial to help plug a ...

CAPE TOWN, South Africa, Aug. 8 (UPI) --South Africa's Steinhoff International Holdings NV will purchase Houston-based Mattress Firm Holding Corp. for $2.4 billion, its first entry into the U.S.

South Africa’s furniture sector has received a significant boost as leading retailer Coricraft expands local production of upholstered seating at its Epping facility in Cape Town, reducing reliance on ...

JOHANNESBURG, Oct 27 (Reuters) - South African furniture retailer Lewis Group will pay 67.1 million rand ($4.91 million) to customers it had mistakenly sold loan insurance, the company said on Tuesday ...

Steinhoff International Holdings NV (SNH.JO) said Monday it raised 1 billion euros ($1.18 billion) through the sale of 23.19% of its interest in Steinhoff Africa Retail Ltd. (SRR.JO), which floated on ...

In South Africa, craft may be ancient, but design is young. With the launch in 2017 of the world-class Zeitz Museum of Contemporary Art Africa designed by British architect Thomas Heatherwick in Cape ...

Retail giant Steinhoff International Holdings NV, which owns American mattress brand Sleepy's and a string of chains across Europe, said its chief executive has resigned amid an investigation into ...