MARC HASENFUSS: Will Wiese go back to a carat diet?

I was intrigued last week by a Bloomberg story proclaiming “SA Shoprite billionaire Wiese returns to his diamond-hunting roots”.

Retail tycoon and serial risk taker Christo Wiese is, of course, one of the major shareholders in Trans Hex Group, a diamond mining venture that has polished up its prospects after delisting from the JSE in a rather tarnished state in 2019. Last time I looked, Trans Hex — which now appears to be resuscitating its marine mining ambitions alongside its valuable interests in Angola — was forking out dividends again...

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