×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Capitec’s share price dropped after the banking group indicated that a proposed broad-based BEE (BBBEE) transaction for staff is likely to dilute earnings.

Shares in SA’s biggest retail lender by customer numbers fell 4% to close at R2,019 on Wednesday. That still leaves the Stellenbosch-based lender with a market value of about R242.2bn, making it the second-biggest banking group in SA after FirstRand by market cap...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now