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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. ..

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