We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Former Shoprite chair Christo Wiese has secured contracts for R414m worth of the retail group’s stock, an indication of his continued interest in a group, the shareholders of which only narrowly returned him to the board recently.

Shoprite said in an announcement on the JSE’s news service on Friday that Toerama, of which Wiese is a director, reached a series of contracts earlier in December to buy a total of 2-million shares, representing about 0.3% of what Shoprite has in issue...

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 articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.