Billionaire Christo Wiese's Shoprite just blew past its store opening target
Shoprite has exceeded its full-year store opening target with a month to go, boosting the value of Christo Wiese's $1.2 billion stake in the retailer.
Christo Wiese
Mining mogul MySol joins Black Coffee and Christo Wiese's daughter on Africa's most expensive street after a $13 million million Clifton buy
Mining mogul MySol paid R220 million for a Clifton villa on Nettleton Road, Africa's most expensive street. Here is who else lives there.
South African billionaire Christo Wiese unlocks $61 million from Shoprite stake while retaining voting power
Christo Wiese raised about R1 billion from his Shoprite stake through Titan Fincap without giving up the voting rights that keep him influential in the retailer.
South African billionaire Christo Wiese’s stake in Blue Ribbon owner diluted after R6bn RFG deal
South African billionaire Christo Wiese has seen his stake in Premier Group, owner of Blue Ribbon bread, reduced after the company’s nearly R6 billion acquisition of RFG Holdings.
Shoprite, partly owned by Christo Wiese, hits 100th solar site, seeks new partners
Shoprite reaches its 100th solar site in South Africa, boosting renewable power while seeking new energy wheeling partners.
South African billionaire Christo Wiese’s Premier Group targets $1.7 billion in revenue
South African billionaire Christo Wiese’s Premier Group aims for $1.7 billion revenue with RFG Holdings acquisition.
Billionaire Christo Wiese calls Ramaphosa’s presidency ‘a disappointment’
Retail billionaire Christo Wiese says President Cyril Ramaphosa’s record is a disappointment, blaming South Africa’s political system and weak institutions for stalled reform.
Pepkor, linked to billionaire Christo Wiese, wins South Africa banking license
Pepkor, linked to billionaire Christo Wiese, has won approval to launch a bank in South Africa, marking a major shift in the 110-year-old retailer’s strategy.
Christo Wiese-backed Pepkor joins Investec to launch zero-fee banking service
Pepkor and Investec discuss a zero-fee banking service to reach millions of lower-income South Africans.
Christo Wiese-linked Pepkor completes $98.2 million purchase of Retailability brands
Pepkor, linked to Christo Wiese, completes $98.2 million acquisition of Retailability brands, expanding across Southern Africa.
South African billionaire Christo Wiese’s Premier to acquire RFG in $340 million share swap
Christo Wiese-backed Premier Group to acquire fellow South African food producer RFG Holdings in a share-swap deal valued at up to $340 million.
Shoprite shares fall, costing South African billionaire Christo Wiese $40 million
Christo Wiese loses $43.7 million after Shoprite shares dip, highlighting strain in South Africa’s retail sector.
Shoprite, backed by Christo Wiese, flags Mozambique review amid record sales
Shoprite, backed by billionaire Christo Wiese, is weighing Mozambique operations as it posts record sales and profit in South Africa.
Invicta, backed by South African billionaire Christo Wiese, buys UK’s Spaldings Group for $16 million
Invicta Holdings, led by Christo Wiese, buys Spaldings Group for $16 million to strengthen its U.K. and European presence.
Shoprite, backed by billionaire Christo Wiese, opens 16 new stores across South Africa
Shoprite, backed by billionaire Christo Wiese, opens 16 new stores across South Africa, creating 358 jobs and boosting local economies.
South African billionaire Christo Wiese-backed Pepkor wins approval for $108 million purchase
Pepkor has received approval to acquire five Retailability brands in a $108.1 million deal, expanding its presence in the adultwear market.