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(32 minutes later)
Will Ross
Africa editor, BBC World Service
The former head of the retail group that was at the centre of a huge corporate fraud case in South Africa has died, a day after he was ordered to pay $25m (£20m) as a fine. Algeria's President Abdelmadjid Tebboune has brought forward the presidential election date by three months.
Police said Markus Jooste succumbed to a gunshot wound after he allegedly shot himself on Thursday outside his home. The presidency on Thursday announced that Mr Tebboune has scheduled the poll for 7 September.
“The circumstances surrounding his death are being investigated,” police spokesperson André Traut told local media. The election was previously expected to be held in December.
The country's financial regulator said Jooste had played a role in the publishing of misleading financial statements about Steinhoff International Holdings. The presidency did not provide an explanation for holding the election earlier.
The retailer has suffered heavy losses as have investors in South African pension funds since an accounting scandal broke in 2017. Mr Tebboune, 78, is yet to announce whether he will be running in the election.
Prior to that, Jooste had acquired billions of dollars' worth of high street retailers across Europe (including the UK-based Poundland). His term is due to expire in December.
He had also been fined for insider trading in 2020. He won 58% of the vote to secure his first term in December 2019.
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