Steinhoff has withdrawn as a sponsor of the Varsity Cup tournament. Steinhoff CEO Marcus Jooste resigned in early December due to financial irregularities, and the company’s shares crashed by 61%. The Blitzboks and Steinhoff have already parted ways, and on Wednesday it was confirmed that Steinhoff will no long sponsor South Africa’s intervarsity tournament. ALSO READ: Blitzboks, Steinhoff part ways… Read more →