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Capitec reports 15% rise in profit

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Capitec is seeing the pros and cons of the high interest rate and high inflation environment. The lender has managed to grow headline earnings per share by 15% but at the same time the group’s credit impairment charge on gross loans and advances nearly doubled. Business Day TV unpacked the performance with Kokkie Kooyman, Banking Analyst from Denker Capital.
18 Apr 2023 9AM English South Africa Business · Business News

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