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.
Fynbos Group bought out Ardagh Glass Packaging Africa's shares in Red Disa Investments, taking the Le Roux family to 71.5% of Stormers Rugby.
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 founder Michiel le Roux gave R55 million to the Democratic Alliance, 53% of its funding, before South Africa's November elections.
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.
IEC data shows Michiel Le Roux donated R58 million ($3.57 million) to the DA in 12 months, the biggest individual political donation in South African history.
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.
Michiel Le Roux’s investment vehicle gave the DA another major boost as fresh disclosures showed the party taking most declared donations late last year.
Capitec’s projected earnings of up to $1.07 billion shifts Michiel Le Roux’s mission is to build a simplified, mass-market banking giant challenging South Africa’s biggest lenders
The South African billionaire’s long-held bet on simplicity, scale, and affordability is once again fueling stellar growth at Capitec Bank
Capitec plans to expand branches and ATMs in 2026, betting that physical access still matters as rivals cut networks and push deeper into digital banking.
Capitec Bank’s 2025 share rally lifted Michiel Le Roux’s stake by $1.1 billion, boosted by strong earnings and a firmer rand.
Capitec advances its digital push with a $23.5 million deal to acquire Walletdoc and expand payment services.
Capitec Bank partners with fintech startup Stub to give small businesses real-time access to banking data and boost South Africa’s SME growth.
South African billionaire Michiel Le Roux’s Capitec stake climbs to $3 billion amid rising shares and investor confidence.