South African billionaire Christo Wiese pushes through $10.2 million Shoprite CEO incentive despite pension fund revolt
Billionaires Africa | 10.11.2026 17:21
South African billionaire Christo Wiese has used his outsized voting power at Shoprite to push through a new incentive plan worth about $10.2 million for Chief Executive Pieter Engelbrecht, overriding a revolt by some of the world’s largest pension funds.
