Brait: Christo Wiese’s star power fades
Calls for radical action at Brait, including asset sales, new management and a break-up, are mounting
08 August 2019 - 05:00
The withdrawal of a new equity ownership plan for under-fire executives at last week’s Brait AGM could signal a more urgent tack in restoring value for flagging shareholders.
After a relentless and brutal decline from its 2016 high of R170 to this month’s R11.20 low, Brait’s share price showed optimistic flickers this week...
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