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...

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