Capitec CEO Gerrie Fourie has been named alumnus of the year by the University of Stellenbosch Business School (USB). The school hopes the Covid-19 pandemic will have retreated sufficiently for him to receive the award later this year at a traditional gala event.

However it is presented, it will be one of the final functions for school director Piet Naudé, who will leave at the end of 2020 for a year’s sabbatical before his official retirement in December 2021. Pandemic permitting – again – he plans to spend most of next year in the German city of Munich, at the Institute for Ethics in Artificial Intelligence, and on a project with the European Foundation for Management Development, which runs the Equis international business school accreditation programme...

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