Tshepo Mahloele’s stake in Capitec Bank has increased by R2.26 billion ($121.77 million) amid renewed investor interest in the leading retail bank,
Tshepo Mahloele
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The slide comes after Mahloele’s holding enjoyed a significant gain of $52.07 million between March 28 and April 9.
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Mahloele’s position as a leading South African banker is further solidified by this impressive surge in Capitec Bank shares.
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This $38.5-million boost in his stake in Capitec Bank further cements his position as one of the wealthiest investors on the JSE.
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Despite the recent decline, Mahloele remains one of South Africa’s wealthiest individuals, maintaining a significant presence as a top investor on the …
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Mahloele, who serves as the chairman and founder of Lebashe Investment Holding, holds an indirect 7.26-percent stake in Capitec Bank, or 8,409,802 …
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Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank.
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Mahloele, who serves as the chairman and founder of Lebashe Investment Holding, holds an indirect 7.26-percent stake, or 8,409,802 ordinary shares, in …
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Mahloele holds a 7.26-percent indirect stake, or 8,409,802 ordinary shares, in Capitec Bank through Lebashe.
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The bump in Capitec Bank shares has pushed its market capitalization above $22 billion.