Capitec started 2020 safely ensconced as one of the rock star counters on the JSE.

Its share price was hovering near a record high of around R1,500; it had just added business banking to its repertoire with the acquisition of Mercantile Bank; and it was by far SA’s biggest bank by client numbers.

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 exclusive Financial Times articles, 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