How much you would have if you invested R1,000 in Capitec when it listed on the JSE
- Capitec’s share price has delivered one of the strongest long-term performances on the Johannesburg Stock Exchange, turning a R1,000 investment at its listing into almost R4 million today.
- Capitec was registered as a bank on 1 March 2001, before listing almost a year later, and its early years were challenging, with strict regulations, significant capital requirements, and competition from much larger established banks.
- Capitec has since developed into a much broader financial services group, with 70% of operating income after credit impairments now attributable to non-interest income, including transaction fees, value-added services, insurance, and telecommunications.
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