Capitec Bank faces nationwide disruptions due to global technical glitches, with card-payment systems unaffected, linked to Microsoft’s service outage.
Michiel Le Roux
-
- Southern Africa
South African billionaire Michiel Le Roux’s Capitec Bank projects 25-35-percent earnings surge amid improved credit loss ratios
Wise moves and credit improvements drive growth.
-
Le Roux’s stake in Capitec rises by $77.03 million in less than two weeks, reflecting a 4.16% gain in the bank’s shares.
- Southern Africa
Capitec bank, led by South African billionaire Michiel Le Roux, uncovers major employee fraud
Internal investigation reveals employee misconduct in debit order manipulation scheme.
-
South African billionaire Michiel Le Roux’s stake in Capitec Bank nears $2 billion, thanks to a recent rebound in the bank’s share …
-
This follows a $112.3 million loss between May 20 and June 3.
-
This ambitious move follows its acquisition of Avafin, a Cyprus-based online lender with operations across Europe and Latin America.
-
Michiel Le Roux, who owns 11.39 percent of Capitec Bank, or 13,190,043 shares, has seen the value of his stake decrease from …
- Hot NewsLatest NewsSouthern Africa
South African billionaire Michiel Le Roux’s Capitec Bank hits 22 million active clients
Founded in 2001 by Michiel Le Roux, Jannie Mouton, and Riaan Stassen, Capitec offers transactional banking services along with a suite of …
-
This recent slump compounds a previous loss of $76 million recorded between April 8 and 11, when the market value of his …