Best of 2022: Christo Wiese lifts the bar with Virgin Active
Brait, the investment holding company, with a significant investment in Virgin Active has shown promising performance with membership up 12%.
Brait, the investment holding company, with a significant investment in Virgin Active has shown promising performance with membership up 12%.
Christo Wiese is one of South Africa’s most acclaimed businessmen, best known for his major successes in the consumer retail market.
John Biccard shares his view on the macroeconomic environment and stock selection within the NinetyOne value fund.
Former Shoprite chair and one of South Africa’s most revered businessmen, Christo Wiese, has won back billionaire status (in dollar terms).
Peter Hayward-Butt has the unenviable task of getting the once juggernaut back on track and formed part of the BPH on results day.
Maverick businessman Mark Barnes gives his insights into the failed R200bn loan guarantee program, of which only 10% has been utilised.
Brait reports positive performances in all three of its major investments including Virgin Active which has seen its membership base grow 12% year to date with 847k active members.
South Africa’s favourite market commentator was in a feisty mood during this week’s episode of Rational Radio where he laid into Brait, Tiger Brands and executive pay in general.
Business confidence improved in the fourth quarter owing to a recovery in residential activity and expectations of a good Christmas shopping season.
Unfortunately for those companies that played the UK retail card, the chickens have come home to roost.