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Saturday, January 18, 2020

Tag: christo wiese

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...

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Substantial cost savings achieved as Konecranes upgrades old Wolff Crane

A 35 T/15 T Wolff Crane, that was installed in a local metal plant in 1989, was recently upgraded by Konecranes. The modernisation of...

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