Dishing out carrots to firms accused of corruption; Capitec surges 8% as it hikes dividend and clients hit 22 million

The Money Show

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16d ago 1:20:01

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Dr. Iraj Abedian, CEO of Pan-African Investments and Research Services, and host Bruce Whitfield delve into the rationale behind a groundbreaking development in South Africa, where companies accused of corruption now have the opportunity to resolve their issues with law enforcement through alternative dispute resolution methods, thus avoiding criminal prosecution.

Capitec saw shares soar 8% as it upped its dividend by nearly a fifth and reached a record 22 million active clients. With strategic diversification and digital initiatives, its earnings rose 16% to R10.58 billion for the year to end-February, which solidifies its position despite economic uncertainties. Gerrie Fourie, CEO at Capitec Bank analyses their results with Bruce Whitfield...

Warren Ingram, financial advisor and executive director at Galileo Capital will explain why things such as disability insurance and medical aid are important as you’re building wealth and investing.

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