Where is the moral muscle of our leadership? We have on our hands a gargantuan leadership crisis in both our political and economic spheres by the elaborate façade of outwardly impressive leaders who remain inwardly impoverished by greed, ambition and power.
The curious effect of Steinhoff International’s debacle costing shareholders a colossal R300billion is no mean feat by a once celebrated leader. Markus Jooste’s net worth was an estimated R5.8bn and entrusted with millions from shareholders and pension funds while living a life of decadent luxury, lost South Africans millions of rands. Driven by greed, his actions had disastrous consequences for the overall wellbeing of the collective.