How much you would have if you invested R1,000 in Capitec when it listed on the JSE

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.The bank listed on the JSE on 18 February 2002, after its founding company, PSG, had acquired several micro-lending businesses, including Smartfin and Finai, in 1997.

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Reported by businesstech.co.za.

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