South Africa's Fastest-Growing Finance Brand Capitec Gets New CEO
Bloomberg Televisionยท2025-08-02 05:00
Yeah. Capitec isn't your average bank. Neither are its founders.A group of wine selling experts, let's let's call it founders at nine founders. Michiel, Riann and I myself was coming out of liquor so we were going into the shebeens, into the townships and understood that sort of the market. Shebeens are drinking spots in informal settlements, often inside a private home.For his expertise in this informal retail sector has been key to Capitec success. Shebeens and Spaza shops in townships across South Africa ...