Tracker / South Africa / 2026 / Stephanus Johannes Stehan Grobler (forme
§ Tracker · South Africa · FSCA · 2026

Stephanus Johannes Stehan Grobler (former director, Steinhoff International Holdings)

Administrative penalty imposed. FSCA, 2 March 2026.

Record ID
za-fsca-2026-0002
Jurisdiction
South Africa
Regulator
FSCA
Type
penalty notice
Date decided
2 March 2026
Respondent type
individual
Sector
financial services
Violations
materially misleading financial statements
Provisions cited
Financial Markets Act 2012
Outcome
administrative penalty imposed
Penalty
ZAR 358,750,000 (≈ USD 18,900,000 at the decision date)
Status
final
Source
Official document ↗
Source integrity
SHA-256 b904534f8f4d4b0c…
Record verified
30 July 2026

The facts

The FSCA concluded its investigation into Stephanus Johannes Grobler, who served as Company Secretary, Head of Treasury and in-house legal counsel of the Steinhoff group and as a director of several Steinhoff subsidiaries, in relation to Steinhoff International Holdings N.V.'s financial statements for the 2014, 2015 and 2016 financial years and the 2017 half year. The statements were found to be false, misleading or deceptive in respect of material facts, contravening the Financial Markets Act's prohibition on making or publishing false, misleading or deceptive statements.

Orders and outcome

An administrative penalty of R358 750 000 was imposed on Mr Grobler. Dated 2 March 2026.

FINANCIAL-REGULATION · MARKET-INTEGRITY · RECORD-PENALTY

Cite this decision

FSCA (South Africa), Stephanus Johannes Stehan Grobler (former director, Steinhoff International Holdings), penalty notice of 2 March 2026. African Data Protection Enforcement Tracker, Law Lab Africa Research, https://research.lawlab.africa/tracker/south-africa/fsca/2026/grobler-steinhoff-penalty/ (accessed 30 August 2026).

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