How this analyst views retail tycoon Christo Wiese’s plan to shake-up Brait

PUBLISHED: Thu, 19 Sep 2019 12:59:26 GMT

According to media reports, retail tycoon and African billionaire Christo Wiese wants a shake-up at Brait that includes raising R3 billion and selling all assets except for Virgin Active. Will it regain shareholder value? Cobus Potgieter, Portfolio Manager at AIP Capital Management shared his views.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.