Saltzman family sees $28.2 million drop in Dis-Chem stake

Saltzman family sees $28.2 million drop in Dis-Chem stake

Key PointsSaltzman family’s Dis-Chem stake drops $28.2 million in value over a few weeks amid pressure on South African retail stocks.Dis-Chem shares fall 14.13% year-to-date, turning a $100,000 January investment into $85,870—a $14,130 loss.Saltzmans retain 29.3% stake worth $433.3 million, showing no sign of exiting despite recent market declines.In a sharp and costly turn, South Africa’s Saltzman family—founders and controlling shareholders o…