South African billionaire Christo Wiese’s Shoprite in banking talks with Investec
Shoprite, the grocer in which billionaire Christo Wiese owns about 10%, is in talks with Investec on a partnership to power its financial services push.
Shoprite Holdings
Shoprite CEO Pieter Engelbrecht gets $2.2m of $7m share pool
Thirteen executives at Africa's largest grocer have been handed R115 million in shares. The chief executive took nearly a third. The finance chief took part of his through his wife, and moved another R11.5 million of stock into a family trust.
Shoprite grew sales by $1 billion while cutting prices at its cheapest stores
Shoprite added R18.1 billion in sales while running price deflation at Shoprite and Usave, and is buying coffee chain Vida e Caffè and R&A Cellular.
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.
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.
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.
South Africa’s Christo Wiese sees Shoprite stake approach $1 billion
Shoprite stock rally boosts South African billionaire Christo Wiese’s stake close to the $1-billion mark.
Shoprite, backed by South African billionaire Christo Wiese, posts $14.3 billion revenue
Shoprite posted $14.3 billion in sales for 2025, lifted by strong demand in South Africa, Checkers growth and surging Sixty60 online orders.
Shoprite, backed by South African billionaire Christo Wiese, posts $14.6 billion in annual sales
Shoprite’s annual sales rose to $14.6 billion, led by South African supermarket growth, digital expansion, and structural shifts across its portfolio.
Christo Wiese’s Shoprite stake jumps $97 million
His stake in the company has surged by over $97 million, driven by a strong rally in Shoprite’s shares on the Johannesburg Stock Exchange (JSE).
South African billionaire Christo Wiese’s Shoprite stake drops below $1 billion—first time in months
The decline reflects growing pressure on retail stocks in South Africa, as investor sentiment shifts on the Johannesburg Stock Exchange.
Shoprite, backed by South African billionaire Christo Wiese, posts $6.8 billion in half-year sales
The group’s South African supermarket division, which accounts for 83.7 percent of total revenue, recorded a 10.4 percent increase in sales, reaching $5.7 billion.
South African executive Anton De Bruyn pockets $1.7 million from Shoprite in 2024
This represents a 55.47 percent increase from his 2023 remuneration, reflecting both his contributions and the group's strong financial performance.
Pieter Engelbrecht pockets $4.5 million as Shoprite CEO
Shoprite CEO Pieter Engelbrecht’s 2024 compensation package comprises a secure base pay of $1.01 million and a performance-based short-term incentive of $917,841.
Christo Wiese sees $96.3 million rise in Shoprite stake this year
Wiese, a key architect behind Shoprite’s transformation into Africa's largest retailer, holds a 10.67 percent stake in the retail giant.
Christo Wiese’s stake in Shoprite rises by $115 million in 13 days
South African billionaire Christo Wiese’s stake in Shoprite has increased by $115.84 million, strengthening his position among Africa’s wealthiest.