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Tag: christo wiese

Disarming deals

TWO Cape Town-based investment companies divested from their defence-related interests late last year. Stellar Capital Partners – which once was touted as a vehicle to carry retail tycoon Christo Wiese’s smaller strategic...

Wiese to retire next year

South Africa’s largest retailer, Shoprite announced that its chairperson, Christo Wiese will retire at next year’s AGM. This move follows concerted shareholder pressure on Wiese to stand down as chairperson, a position...

Christo Wiese dumps Steinhoff shares

In an astonishing sign of lack of confidence in Steinhoff International, Steinhoff’s former chairperson Christo Wiese has cut his stake in the troubled retailer, to 6.2percent, regulatory filings show, which may...

Cape fortunes fall

The Western Cape’s investment tycoons have seen billions of Rands in value wiped away by treacherous economic and political developments at home and abroad. Investors, of late, have endured tough times...

The glitter man

Retail tycoon Christo Wiese – who is known for the odd dabble in the mining sector - looks set to rekindle his passion for diamonds. Last month Wiese emerged as the...

Stellar on the move

CAPE Town-based investment firm Stellar Capital Partners (SCP) – which spearheaded by deal- making whizz Charles Pettit and retail tycoon Christo Wiese – looks ready to rumble. Stellar – at the...

Wiese’s sunny disposition

RETAIL tycoon Christo Wiese is an adventurous investor with wide ranging investment interests. But his latest tilt at alternative energy is most surprising – particularly since this unexpected deal was facilitated through...

Steinhoff makes waves with European bid (again)

Stellenbosch-based Steinhoff International has made a £662m bid for electrical retailer Darty, the second stealth play in as many weeks, cementing its reputation in the European market as a “notably disruptive...

Bump and grind for 2016

PROSPECTS for business in the Western Cape for 2016 look daunting. Political ructions have sent the Rand spiralling down against major currencies, the country’s fiscal policies look anything but disciplined and...

Tradehold maintains expansion drive

In the six months to August, Tradehold maintained the strong expansion momentum, growing the value of its investment properties by 48.8% to £179.0m (R3.8bn.) Tradehold chairman Christo Wiese said this...

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Over R100-billion to be invested in data centres in South Africa 

By Larry Claasen Amazon Web Services (AWS) plans to invest R46-billion in Cape Town by 2029. THE setting up of hyperscale data centres in South Africa...

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