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Capitec Bank, once a "bank for the unbanked," has evolved into a leading fintech firm, driven by the explosive growth of Capitec Connect, South Africa's fastest-growing mobile operator, and a 36.8-percent surge in half-year profits.
Fourie has effectively held the reins as group CEO and executive director of Capitec Bank Group since his appointment in March 2014.
The gain in Mouton’s stake can be linked to double-digit growth in the share price of the South African lender.
Capitec is South Africa’s largest lender by number of customers and a leading global brand.