South Africa’s financial regulator has fined Steinhoff International Holdings the owner of the Dealz discount chain here and Poundland in the UK.

Scandal-hit retailer Steinhoff said it had refinanced some €9bn of debt in its overseas operations which include Dealz in the Republic, Poundland in the North and Britain, and France’s Conforama, after pushing the deadline date back repeatedly.

ZIMBABWE has freed 62 men linked to a plot to overthrow the government of oil-rich Equatorial Guinea that also implicated the son of Britain’s former Prime Minister, Margaret Thatcher.