South African billionaire Christo Wiese acquires new stake in Shoprite worth $25.8 million
The former chairman of the Johannesburg-based retailer purchased 20,000 single stock futures contracts.
Christo Wiese
Christo Wiese’s Invicta Holdings acquires controlling stake in Dartcom for $33 million
Dartcom is Africa’s leading distributor of communication and renewable energy technology solutions.
Gemfields sees boost in share price despite South African mining mogul Christo Wiese’s recent resignation
Shares in Gemfields have reached their highest level in three years.
South African retail tycoon Christo Wiese to earn $15.1 million as Shoprite declares final dividend for 2021
Shoprite will pay shareholders a final dividend of $141.1 million from its profit for the 2021 financial year.
Christo Wiese-linked retailer Steinhoff plans to settle with claimants in Pepkor-related transaction
In 2014, Wiese sold Pepkor to Steinhoff in exchange for about 20 percent of Steinhoff’s issued shares.
South African retail tycoon Christo Wiese earns $122.6 million in 70 days from Shoprite
Renewed buying interest in the shares of the retail giant led to a double-digit increase in its share price.
South African billionaire Christo Wiese’s stake in Shoprite declines by $36 million
The loss in market value is linked to Shoprite’s share price dropping on the Johannesburg Stock Exchange.