Former Exclusive Books CEO Benjamin Trisk, who is part of a consortium that bought CNA from struggling Edcon, plans to sell fiction and other books written in African languages, in a bid to revive the stationery retailer’s fortunes.

Trisk and CNA’s new management staff will own 40% of the retailer, while JSE-listed Astoria Investments will hold 60%. The new owners want to capitalise on the retailer’s countrywide footprint of 167 stores and 125-year-old brand.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now