Tag: Shoprite

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Shoprite, linked to South African billionaire Christo Wiese, expects sales to surpass $12 billion

Wiese's 11.63-percent stake in Shoprite is worth $952 million, cementing his position as one of the leading investors on the Johannesburg Stock Exchange.

South African tycoon Sipho Maseko joins Shoprite board shortly after Telkom bid setback

Maseko's appointment to the Shoprite Holdings board solidifies his position as one of South Africa's leading business leaders.

Shoprite shares slump costs South African billionaire Christo Wiese $159.7 million in net worth

Over the past 118 days, Wiese's stake in Shoprite has suffered a significant decline.

Shoprite, linked to billionaire Christo Wiese, launches first apparel store in South Africa

Shoprite Holdings is Africa's largest supermarket group.


Egyptian tycoon Medhat Khalil hit by $8.5-million loss in Raya Holding stake

Raya Holding, formed in 1999 through a merger between entities owned by Khalil and Orascom Group, is a key player in the Egyptian investment landscape.

Court sets date for ruling on Nigerian multi-millionaire ABC Orjiakor’s $101-million debt lawsuit

ABC Orjiakor, who owns a 6.4-percent stake in Seplat Energy, one of Nigeria's largest energy companies, ranks as one of Nigeria's wealthiest business figures.

7 companies owned by billionaire African energy mogul Benedict Peters

Billionaires.Africa has identified and tracked seven notable assets owned by billionaire Benedict Peters.

South African tycoon Johan Burger suffers $2-million loss from FirstRand stake

Burger, a seasoned director at FirstRand since 2009, owns a minority 0.110-percent ownership stake in FirstRand.