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Germany

Have a good life now, Merkel

German Chancellor Angela Merkel is set to hand over the baton after 16 years in power. She will not stand for reelection in the country’s elections, which take place on Sunday.  Under Merkel’s calm, rational leadership, Germany shone on the world stage. As the Economist put it: “If the rest of Europe is nervous over …

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Accountability monitor: Steinhoff execs face German justice

Remember the 2017 Steinhoff scandal? Senior execs at the furniture and household goods multinational blatantly cooked the books to falsely inflate profits. CEO Markus Jooste promptly resigned… but four years later has yet to be charged. It was South Africa’s largest-ever private sector fraud and accounting scandal, and the lack of arrests has made the …

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