Mergence doubles its stake in Wiese's Brait
Christo Wiese has named former banker, Paul Roelofse as his alternate on the Brait board. Roelofse replaces Wiese's son as the tycoon moves in on plans to restructure the investment company. The broad plan to reduce debt may involve fund raising, cost cutting and asset sales. Business Day TV caught up with Christo Wiese to talk about his moves around Brait.