Former Shoprite chair Christo Wiese has secured contracts for R414m worth of the retail group’s stock, an indication of his continued interest in a group, the shareholders of which only narrowly returned him to the board recently.
Shoprite said in an announcement on the JSE’s news service on Friday that Toerama, of which Wiese is a director, reached a series of contracts earlier in December to buy a total of 2-million shares, representing about 0.3% of what Shoprite has in issue...
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shoprite forms joint venture with Sixty60 delivery partnerRetailer will hold 50% of the issued ordinary shares in new company for on-demand service
Source: BDliveSA - 🏆 12. / 63 Read more »
European investment bankers eye bumper bonusesEuropean investment bankers may be in line for their biggest bonuses since 2015 as firms try to hold on to staff after a flurry of trading and deal making.
Source: BDliveSA - 🏆 12. / 63 Read more »
European investment bankers eye bumper bonusesEuropean investment bankers may be in line for their biggest bonuses since 2015 as firms try to hold on to staff after a flurry of trading and deal making. South Africa can jump start its economy if it does the following: 1-Remove the race based BBBEE laws! 2-Remove all labour law red tape! 3-Reduce Corporate Income Tax to 22%! (This will be lowered to 27% next year tho) .... TalkingAfrica
Source: BDliveSA - 🏆 12. / 63 Read more »