Listed fintech group Capital Appreciation (Capprec) expects its communications platform GovChat to boost the business after the unit won a contract to provide a platform for social grant applications.

Capprec invested R20m in GovChat, a Pretoria-based citizen engagement system provider, in 2019 for a 35% stake. Since then, it has been adapted into a means for South Africans to apply for social grants and government relief programmes. ..

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