Multinational retail holding company headquartered in Stellenbosch, dual-listed on JSE and Frankfurt. Owned Pepkor (Pep, Ackermans), Conforama, Mattress Firm, and dozens of brands across 30+ countries. CEO Markus Jooste inflated profits by approximately R106 billion through fictitious transactions over a decade. R200 billion in market value destroyed when the fraud was exposed in December 2017. Entered liquidation 2023, delisted from JSE and Frankfurt.