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Christo Wiese helps South Africans own land

Christo Wiese. (Pic: Sharief Jaffer, Netwerk24)

30 April 2015


Christo Wiese. (Pic: Sharief Jaffer, Netwerk24)

Christo Wiese. (Pic: Sharief Jaffer, Netwerk24)

By Chris Spillane

Johannesburg – Christo Wiese, who led a R12bn ($1bn) takeover this month, says he’s also focused on helping millions of South Africans make a more modest purchase: The R1 850 ($156) they need to secure the title to the land on which they live.

Wiese, South Africa’s fourth-richest man with a personal fortune of R84bn ($7bn) according to the Bloomberg Billionaires Index, says that more than two decades after the country’s first democratic elections millions of South Africa’s citizens have no legal right to their dwellings.

Read the full article from fin24.

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