Christo Wiese to score big from a ‘bet’ on Shoprite shares

2019-12-03 15:14

In a complex set of contracts, the tycoon has protected himself from a fall in Shoprite's share price.

Shoprite shock: Lead director resigns suddenly - just days after Wiese's re-election

2019-11-06 19:58

Prof Shirley Zinn, the lead independent director of Shoprite, has resigned with immediate effect.

Christo Wiese replaces his son with dealmaker on Brait’s board

2019-10-03 10:13

Paul Roelofse 'led a number of pioneering transactions during his banking career,' the group said.

There was a voting bungle at Virgin Active's owner - it made billionaire Christo Wiese seem less unpopular than he actually is

2019-08-19 13:13

Due to "inadvertent errors", the initial results of a recent shareholder vote at Brait were wrong.

Shoprite negotiating with Wiese-linked company on share deal

2019-02-27 06:30

Shoprite Holdings is negotiating with billionaire Christo Wiese's Thibault Square Financial Services over the aquisition, redemption and cancellation of deferred Shoprite shares held by Thibault, in a move that would see Thibault giving up the shares that hold more influence in voting.

Jooste advised friends to sell Steinhoff stock before collapse

2018-10-10 19:38

South Africa’s financial regulator has been made aware of the message to sell the South African retailer’s shares days before the stock collapsed, according to two people familiar with the situation.

Steinhoff: Former CEO Markus Jooste's top 5 quotes to Parliament

2018-09-05 12:24

The former head of embattled retailer Steinhoff is fielding questions from MPs in Parliament on the conglomerate's governance and share price collapse. Here are 5 of his top quotes so far.

Christo Wiese: All I want to know from Steinhoff's Markus Jooste is, ‘Why’?

2018-09-04 19:20

Almost nine months to the day since Steinhoff began its precipitous fall on December 6 last year, its 57-year-old former CEO Markus Jooste will come out of seclusion to face a grilling at Parliament on Wednesday.

Christo Wiese given Carte Blanche

2018-08-13 14:51

It was utter disappointment and dejection I felt after watching the usually firebrand Devi Sancri Govender meekly hosting a PR piece for Steinhoff Kingpin Christo Wiese.

Steinhoff's Dirk Schreiber steps down amid push to improve oversight

2018-07-25 18:01

Steinhoff International Holdings has replaced Dirk Schreiber on the boards of two key units as the embattled retailer seeks to bolster independent oversight.


Christo Wiese to retire as Shoprite chair

2019-11-15 18:13

Christo Wiese will retire as board chairperson of Shoprite, by the next annual general meeting.

Christo Wiese hugely unpopular among Shoprite shareholders

2019-11-05 11:46

A clear majority of shareholders in Shoprite voted against him at this week's annual general meeting.

Virgin Active’s owner and Christo Wiese in talks about new plan

2019-09-23 13:20

The broad debt-reduction plan could involve fund raising, cost cuts and asset sales.

WATCH: Rupert, Steinhoff and Wiese - Unpacking 'The Stellenbosch Mafia' with Pieter du Toit

2019-07-23 11:26

In his latest book, Pieter du Toit - News24's Assistant Editor for in-depth news - explores the roots of Stellenbosch, and closely examines its "club" of billionaires.

Steinhoff report to police said to include three executives plus Jooste

2018-11-07 12:30

Steinhoff International has provided South African police with information about a set of transactions involving three more former executives who may have contributed to its accounting crisis.

Jooste vs La Grange vs Wiese: Who is telling the truth about Steinhoff?

2018-09-05 17:43

Markus Jooste's testimony in Parliament on Wednesday contradicted former Steinhoff CFO Ben la Grange’s testimony, as well as former chairperson Christo Wiese's version of events.

TIMELINE: Markus Jooste and Steinhoff's R200bn fall in market cap

2018-09-05 07:48

Former Steinhoff CEO Markus Jooste is on Wednesday expected to make his first public appearance since auditors flagged irregularities in the retailer’s accounts.

Jail the culprits, take their 'stuff' to curb more scandals like Steinhoff, urges author

2018-08-15 14:48

Putting culprits in jail and taking their "stuff" are the only ways to deter Steinhoff kinds of scandals, says the author of a book on the embattled retailer.

Steinhoff Africa Retail to officially change name to Pepkor in mid-August

2018-08-03 15:02

STAR previously said that the Pepkor brand had an 'incredible legacy and history of success'.

BOOK EXTRACT: Steinhoff - the bombshell hits

2018-07-23 10:26

A big question mark hangs over the actions of the investment and financial community in South Africa. How did so many completely miss the Steinhoff signs, asks James Brent-Styan.

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