South African fashion tycoon Michael Lewis just bought $5 million of stock in his own retail empire

Billionaires Africa | 14.06.2026 09:16
Michael Lewis, the non-executive chairman of TFG Limited, has purchased R83 million ($5 million) worth of shares in the JSE-listed retail group at R59 per share, boosting his personal holding by 96 percent in one of the largest single insider transactions recorded at the company in the past year.