South African billionaire Michiel le Roux's bank Capitec sheds its rental finance arm
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."
South African Banking
Billionaire Michiel le Roux's Capitec targets South Africa's R50 billion stokvel market
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.
Multimillionaire Gerrie Fourie says South Africa's dysfunction is exactly what makes it worth staying for
Capitec co-founder Gerrie Fourie says South Africa's dysfunction creates opportunities unavailable elsewhere and urged South Africans considering emigration to think carefully before leaving.