BNC#9 | Christo Wiese: Steinhoff, land, 'white monopoly capital', and what keeps him betting on SA

Loading player...
Christo Wiese built one of South Africa's biggest retail empires on a simple rule: trust people, even when it's risky. Then Markus Jooste broke that trust and took Steinhoff down with him. In this rare fireside chat at BNC#9, Wiese talks for the first time in years about why he's never forgiven Jooste, the strange twist that let him sue to get land back, and a story about a Steinhoff-linked figure whose death turned out to be far stranger than anyone knew. He also gets into why South Africa produces so few entrepreneurs, what he really thinks "white monopoly capital" means, and why, in his 80s, he's still betting everything on this country.
26 Aug 9AM English South Africa Investing · Business News

Other recent episodes

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min