In Brief A Beast of a bar
Makro has obtained exclusive rights for the distribution of MrBeast’s Feastables, a range of chocolate bars, retailing for R49.95 a pop and brought to market by the eponymous and viral YouTube philanthropist, who has over 200 million subscribers, many of them young South Africans. Next, Pick n Pay has donated R500,000 to the Chris Burger Petro Jackson Players’ Fund, a foundation that assists those who have sustained head, neck or spinal cord injuries while playing rugby. The fund currently supports 87 players on an ongoing basis or until they make a full recovery. Proceeds came from the sale of Pick n Pay’s limited-edition, reusable Springbok supporter shopping bags, which the retailer launched ahead of the Rugby World Cup. And finally, a snapshot of the achievements of Christo Wiese, who sold a big chunk of his Shoprite stock last week, although he’s still the second-biggest shareholder, with 60 million shares still in play: when he invested in the business through Pepco in 1979, Shoprite didn’t have 20 stores running. Now it has 3,320 and counting in 10 countries and employs over 153,000 staff.
Comment: A successful career, by any measure.