Capitec

Capitec is a JSE-listed retail bank that provides personal and business banking, delivered via digital channels and supported by a nationwide branch and ATM network.

“Domestically, we remain focused on owning businesses with the resilience and competitive edge to thrive despite anaemic economic growth. These winning businesses compound their advantages over time - reinvesting consistently in their franchises, delivering superior value to customers, and taking share from weaker competitors. Combined with good capital allocation, this drives long-term returns. Our basket here remains unchanged with Advtech, PSG Financial Services, Capitec, Dis-Chem, Shoprite, and WeBuyCars. There are a few other contenders in the portfolio which we hope to elevate to winning status in time.”