Billionaire Michiel le Roux's Capitec targets South Africa's R50 billion stokvel market
Billionaires Africa | 08.10.2026 03:59
Capitec, the bank co-founded by South African billionaire Michiel le Roux, is moving into the country's stokvel market, the network of community savings clubs that collects an estimated R50 billion a year, setting up a challenge to FNB.
