CEO Fourie on 36% HEPS surge - Capitec secret in a word: ecosystem

Loading player...

Details accompanying the Capitec results released today shows the one-time challenger to what used to be SA’s ‘Big Five’ now banks over half South Africans aged between 20 and 60. And with yet another set of breakout earnings in the half year to end August, Capitec continues vigorous expansion at a time its rivals complain about sluggish economic growth. CEO Gerrie Fourie shares some secrets of the Capitec success with BizNews editor Alec Hogg.

1 Oct 2024 10AM English South Africa Investing · Business News

Other recent episodes

Alec Hogg on BizNews doubling down on its core offering - and also launching a fresh share portfolio

BizNews founder Alec Hogg joins Bronwyn Nielsen to reflect on the 12-year journey from startup to multimedia platform. They explore BizNews’ pivot from the political economy, the privilege of building a loyal audience, and the renewed focus on business journalism. Alec unpacks lessons learned, ownership rumours, and why Benjamin Franklin’s…

5 Sep 8AM 37 min

BN Briefing: Is China SA's solution to Trump?; Froneman's Sibanye send-off; Google, Apple surge

In today's BizNews Briefing, South Africa’s China ties come under The Economist’s lens, Sibanye boss Neil Froneman retires, Sim Tshabalala flags G20 headwinds, and Alphabet drives portfolio gains. Banking guru Kokkie Kooyman dissects executive reshuffles and rate prospects, while we end with a viral video of a CEO stealing a…

4 Sep 11AM 25 min

Ian Cameron: “North Korean” police tactics an a municipal “coup d’etat”…

In his latest interview with Chris Steyn, Ian Cameron, the Chair of Parliament's Portfolio Committee on Police, slams former Police Minister Senzo Mchunu for setting the Hawks on a satirist. “..it’s just absolutely ridiculous, ludicrous to say the least - and that they would fly down a team from Johannesburg…

4 Sep 9AM 18 min

The Business Show: Kooyman on big banking shake-ups - ABSA, Nedbank, Capitec in the spotlight

From ABSA’s revolving-door leadership to Nedbank’s African retreat and Capitec’s bold push into Mexico, banking guru Kokkie Kooyman unpacks the seismic shifts shaping South Africa’s financial sector. With execs playing “musical chairs” across institutions and global interest rates in flux, Kooyman tells BizNews why investors should watch the banks closely…

4 Sep 9AM 43 min

Wayne Sussman: Municipal rule by the gun…

In his latest interview with Chris Steyn, elections analyst Wayne Sussman gives the backstory to gunmen taking control of a municipal council in Northwest where different factions of the African National Congress (ANC) are backing different mayors. “…this crazy scenario of the rival factions having gunmen in the municipality, gunmen…

4 Sep 7AM 19 min

All episodes