Capitec’s share price tumbled the most in more than two years after the market took a dim view of its interim dividend and the CEO flagged concern about global and domestic economic uncertainty.
SA’s biggest retail lender by customer numbers said on Thursday that headline earnings, a profit measure that strips out one-off items, rose 17% from the previous half-year to R4.67bn in the six months to end-August 2022...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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