BNC#6: Gerrie Fourie Q&A – What sets Capitec apart, lessons in leadership and embracing optimism
In his Q&A session at the BNC#6 conference in Hermanus, Capitec CEO Gerrie Fourie shared insights on optimism, innovation, and South Africa’s future.
In his Q&A session at the BNC#6 conference in Hermanus, Capitec CEO Gerrie Fourie shared insights on optimism, innovation, and South Africa’s future.
Financial services analyst Kokkie Kooyman joins Alec Hogg to run through the relative value offered by the country’s top six banks.
Gerrie Fourie told BizNews about the Capitec ‘Live Better’ loyalty program and shares on damage sustained by the civil unrest SA recently experienced.
“The number of SA’s who receive social grants has increased prodigiously over the last 20 years, and this is one of the greatest risks to the country.”
‘I think the most important thing is to be positive, look for those opportunities and then execute them’, says Capitec CEO Gerrie Fourie.
Capitec warned shareholders to brace for an earnings loss of at least 70% but this week it reported a 78% slump in headline profit to R650m.
EOH, a South African information, communications and technology firm, is raising its black-owned shareholding through a R1 billion empowerment deal with Lebashe Financial Services.
Given Rob Vinall’s superb track record, tight focus of its investments and the fact that he has the whole world to choose from, the selection of PSG is a huge plaudit for the Moutons.
Capitec Bank added insurance to its expanding range of financial services products, with the launch of Capitec Insure and a unique funeral product.
It also surfaced that, like Viceroy, CTS stands to profit from a falling AMD share price, raising questions about its motives.