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It’s no secret that there is bad blood between Richemont’s founder Johann Rupert and Shoprite’s former chair Christo Wiese.

But Wiese’s fall from grace since 2017 has been swift and sharp: he’d taken a large bet on Markus Jooste and Steinhoff, and the revelation of immense fraud at the retailer meant Wiese’s own personal stake in the company plunged by R59bn when Steinhoff crashed...

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