Inside Lebashe, the South African group sitting on $2.5 billion of Capitec shares it borrowed to buy
Billionaires Africa | 07.09.2026 21:29
Lebashe Investment Group told a South African court in 2022 that it held approximately 8.5 million shares in Capitec Bank Holdings, the Johannesburg-listed retail bank that has grown into the country's largest by customer numbers. At Capitec's price of R4,654.66, that holding is worth about R39.6 billion, according to Billionaires.Africa calculations.