Capitec results: keeping its cash close
One of SA’s best-capitalised banks, Capitec, has iced its final dividend as it braces for the Covid-19 fallout
16 April 2020 - 05:00
There was an air of the calm before the storm in Capitec’s year-end results to February, which will almost certainly be the last good set of numbers before the financial devastation of the Covid-19 pandemic becomes clear.
Capitec has treated the coronavirus as a post-balance sheet event on the advice of its auditors, says CEO Gerrie Fourie...
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