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Tag: 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...

Steinhoff may be ‘the tip of the iceberg

The Steinhoff case raises important questions about our financial system as a whole – and the possible consequences if other companies were subjected to the same level of scrutiny, says James-Brent...

Steinhoff to ‘vigorously’ defend itself against Wiese’s R59bn claim

Steinhoff said it would defend itself against a R59bn claim by former chair Dr Christo Wiese’s entity Titan Group. According to a notice issued to shareholders on Thursday afternoon, in...

Wiese loses billionaire status as Steinhoff continues massive sell-off

Once the richest man in South Africa, retail tycoon Christo Wiese has lost his dollar billionaire status, Forbes’ realtime rankings show. As of Friday, 8 December, Wiese’s fortune has shrunk...

Wiese Family Benefactors of New Entrepreneurial Business Development Programme

The Wiese family has announced their involvement as benefactors to an exclusive new Entrepreneurial Business Development Program (EBDP) offered by the Aleit Academy in association with Southern Business School. This six...

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...

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Cape Town getting closer to turning waste into wattage

The City of Cape Town’s Mayoral Committee Members for Urban Waste Management and Energy visited the Coastal Park landfill Tuesday, 27 February 2024, to...

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