US EditionSouth African billionaire Jannie Mouton gains $28 million from Capitec stake
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South African billionaire Jannie Mouton gains $28 million from Capitec stake
Key PointsJannie Mouton’s Capitec stake rose $28.47 million in 24 days as the bank’s shares rallied on the Johannesburg Stock Exchange.Mouton’s Capitec stake has jumped from $1.11 billion to $1.14 billion amid the bank’s steady rally on the Johannesburg Stock Exchange.Capitec’s simple digital-first model and low-fee structure continue to attract customers and investors, boosting its market cap to $22.5 billion.South African billionaire Jannie Mo…
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