Tag: Christo Wiese

I’m an incurable optimist! We will adapt to survive COVID-19 says African billionaire 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,”

African billionaire Christo Wiese on COVID-19 crisis and its impact on SA’s economy

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.

Shoprite investor moves to counter Wiese’s dominance as search for new chair heats up

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.

Christo Wiese: Why I am standing down at Shoprite’s next AGM

CNBC Africa spoke to outgoing Shoprite chairman Christo Wiese about his decision to step-down at next year’s annual general meeting.

Mergence, Christo Wiese’s Titan joins forces to repair Brait

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...

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

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.

How Christo Wiese the rich dad of South Africa nearly became poor dad

Billionaire Christo Wiese says he was on the verge of losing everything in the Steinhoff scandal.

Christo Wiese: Why you should be exited about Shoprite

Billionaire Christo Wiese spoke to CNBC Africa’s Fifi Peters on what the future holds for Shoprite after the share deal was blocked.