South African billionaire Michiel le Roux has given the DA $13 million in five years
Capitec founder Michiel le Roux has donated $13 million to the Democratic Alliance over five years, the largest sum from any individual donor.
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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.
The gain in Mouton’s stake can be linked to double-digit growth in the share price of the South African lender.
Capitec is South Africa’s largest lender by number of customers and a leading global brand.