05 October 2023 Editors Choice 20 Min Read
Has Capitec dodged the bad-debt bullet?
The bank has been on a tear in the 20 years since its founding — the share has rocketed 192,757%. But as the economy stagnates, investors may be nervous about an outfit that has built its fortune on pricey credit and low-cost banking for a high-risk market. Can it prove the sceptics wrong?
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