South African billionaire Michiel le Roux gives Democratic Alliance $4.7 million in 2026
Capitec co-founder Michiel le Roux gave the Democratic Alliance R78 million in the first half of 2026, staying South Africa's biggest political donor.
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Capitec co-founder Michiel le Roux gave the Democratic Alliance R78 million in the first half of 2026, staying South Africa's biggest political donor.
The ANC Youth League has renewed its attack on Capitec founder Michiel le Roux, whose companies have given the Democratic Alliance at least R208 million.
Capitec, co-founded by billionaire Michiel le Roux, is selling its rental finance unit to Sasfin, and CEO Graham Lee calls it the "odd one out."
Capitec has launched a stokvel account aimed at the 11 million South Africans who save about R50 billion a year through 800,000 community savings groups.
Piet Mouton's Capitec stake lost $130 million in the third quarter as shares of South Africa's biggest retail bank fell 7%.
PSG founder Jannie Mouton's Capitec stake lost $115 million in the third quarter as shares of South Africa's biggest retail bank fell 7%.
Capitec founder Michiel le Roux has donated $13 million to the Democratic Alliance over five years, the largest sum from any individual donor.
Capitec takes a secondary listing on A2X from Sept. 7, in the same week JPMorgan began trading on the alternative South African exchange.
Capitec has revealed that its AI-powered payment screening system blocked $43 million in potential fraud losses for more than 113,000 clients in the year to June 2026, while flagging more than 394,000 potentially fraudulent payments.
Capitec co-founder Michiel le Roux has raised about $402 million by refinancing a loan secured against 1.37 million shares in his own bank.
Former Capitec chief executive Gerrie Fourie banked a R155 million farewell package after a decade leading South Africa's largest bank by client base.
Capitec has launched Smart ID services at seven branches, letting clients apply in under five minutes with no booking required and no Home Affairs official needed.
Jannie Mouton’s Curro deal swaps investors into Capitec and PSG shares, triggering fresh questions about tax dates, valuations and record keeping.
Capitec Bank, once a "bank for the unbanked," has evolved into a leading fintech firm, driven by the explosive growth of Capitec Connect, South Africa's fastest-growing mobile operator, and a 36.8-percent surge in half-year profits.
Fourie has effectively held the reins as group CEO and executive director of Capitec Bank Group since his appointment in March 2014.