Warren Buffett’s Berkshire Hathaway flirts with $1 trillion valuation, South Africa kisses another 100 businesses goodbye, McLaren unveils the new 700 hp Artura Spider, Children left in tears at Willy Wonka experience, and Shoprite billionaire Wiese returns to his diamond-hunting roots.
The battle between SARS and Wiese is very far from over. However, the first-round win must be awarded to SARS after a ruling handed down by the Western Cape High Court.
Wiese said he was pleasantly surprised to see the SA Reserve Bank take initiative, finally attaching the former Steinhof CEO’s assets worth billions of rands.
Christo Wiese and Markus Jooste are never going to share a friendly beer again and the former has some choice words for his one-time protégé.
News broke this week that Steinhoff’s former chairperson received his payout as part of the Steinhoff settlement.
Wiese and Jooste battle over Lanzerac. SA’s semigration problem. Fake vaccine cards on eBay. Taliban leadership explained. R Kelly’s day of reckoning.
Christo steps down. Trump has COVID-19. Heiress gets 7 years. The royal big spenders. H&M to close 250 stores. Ian Moir did well. Deleting WhatsApp saves insider dealing banker.
Christo Wiese may have been nervous ahead of yesterday’s Shoprite AGM, but he lives to fight another day.
Earlier this year, Shoprite announced it intended to make Wiese a sizeable offer for his shares in the franchise. Some fund managers think it’s a bad idea.
Money, money, money – it’s a rich, elderly white man’s world. The inaugural Wealth Index of South Africa’s wealthiest execs pretty much proves that.
Billionaire Christo Wiese has allegedly been caught up in a tax evasion scheme, that saw him skipping out on paying SARS a small fortune.
Things are looking rather bleak for the embattled billionaire right now, after another company in which he holds stock took a massive hit.
Have some spare dough lying around, and want to snap up a jet previously owned by Christo Wiese? You have two options, my friend.
If you’ve ever wondered why Steinhoff registered in the Netherlands, here’s your answer. Turns out Christo Wiese gave himself a big pat on the back.
Your Steinhoff shares might have caused a little dent in your investment portfolio, but that’s a drop in the ocean compared to Christo Wiese. He’s smiling this week, though.
Markus Jooste and Christo Wiese have been friends and business partners for years, but papers recently filed in court show that those bridges have definitely been burnt.
Wiese resigns. Net neutrality scrapped. Trump advisor to spill beans. Murdoch made $581m in a day. Facebook pre-roll video ads are coming. Noel teases reunion. Gigi Hadid slays. Globes stars to wear black. Airplane draws Christmas tree.
Markus Jooste – what a boytjie! Ramaphosa rape shock. USA Olympic doctor jailed for 60 years. North Korea war ‘inevitable’. Goldman to clear Bitcoin futures. Trump Jr. takes on JLaw. Mohamed Al-Fayed harassment. Gomez goes private.
If you’re a little down in the dumps today, and are just clinging on until the end of the week, then consider the shocker that Christo is having.
When you’re worth close to R90 billion you’ve certainly got a little wiggle room, but no one takes dropping over R20 billion lightly.
While the world’s richest1% are still sitting pretty, a few shuffles have occurred here in South Africa. We’ve not a new number one too.
The northern Mozambique area where 40% of the world’s gemstones are found has become a militarised area – but MRM are denying that accusation.
Christo Wiese joins visa debate. Spur struggling in UK. Real sets crazy Ronaldo price. Trump off the chain. Baby drinks vodka by mistake. Nazis were high on meth. Bieber throws toys.
South African retail tycoon Christo Wiese has proven once again that he isn’t afraid to splash the cash. His latest acquisition required quite a serious outlay.
Forbes.com released a list of Africa’s 20 most powerful business people yesterday (they do like a list over there at Forbes) and it wasn’t too hard to pick up a trend on the list of the continent’s commercial high flyers – no less than 12 of them are South African. Are we awesome, or what? We’ve got the full list, including our Mzansi business powerhouses, after the jump!