Tag: Christo Wiese
“It is the worst I could have ever imagined. I mean if somebody had told me such a thing is possible, I would have disputed that.- I don’t think the world has seen anything like it is going through at the moment,”
In light of the national lock-down and economic downturn in South Africa, we have been speaking with South Africa’s top businessmen and billionaire’s over the past few weeks in order to unlock their perspective on the COVID-19 crisis. Joining CNBC Africa for today’s discussion is retail tycoon and billionaire, Christo Wiese.
It is almost a week since Shoprite Chairman Christo Wiese announced that he will be retiring at the group’s next AGM meeting after serving on the board for almost 3 decades. The shakeup in Shoprite leadership started before Friday’s announcement by Shane Watkins, CEO at All Weather Capital when he nominated Jan le Roux, a former CEO of Pepkor, as a non-executive director of Shoprite to counter Wiese’s dominance. Shane Watkins joins CNBC Africa for more.
CNBC Africa spoke to outgoing Shoprite chairman Christo Wiese about his decision to step-down at next year’s annual general meeting.
Activist investor Mergence has joined forces with billionaire Christo Wiese’s Titan to repair Brait’s balance sheet and unlock value at the investment company, which owns gym group, Virgin Active, see...
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.
Billionaire Christo Wiese says he was on the verge of losing everything in the Steinhoff scandal.
Billionaire Christo Wiese spoke to CNBC Africa’s Fifi Peters on what the future holds for Shoprite after the share deal was blocked.