CEO Fourie on 36% HEPS surge - Capitec secret in a word: ecosystem

Details accompanying the Capitec results released today shows the one-time challenger to what used to be SA’s ‘Big Five’ now banks over half South Africans aged between 20 and 60. And with yet another set of breakout earnings in the half year to end August, Capitec continues vigorous expansion at a time its rivals complain about sluggish economic growth. CEO Gerrie Fourie shares some secrets of the Capitec success with BizNews editor Alec Hogg.
Video production by Frances Hamman
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[@pensiveidea]

The modern team architecture Fourie mentions has huge benefits for organisations, scientifically proven to increase profitability per employee and increase employee satisfaction and retention. Worth a read (and maybe even an interview of the authors?): Team Topologies: Organizing Business and Technology Teams for Fast Flow by Manuel Pais and Matthew Skelton

[@GregBecker]

Amazing - brilliant! I think they could shape up our neighbours and become the ban African player as well.

[@arnoldduncan8421]

Congratulations Capitec... Way to go... Continued success

[@michaelx7328]

Staff - no one has impressed me more, than taking a disabled friend to open an account at Capitec. Absolute kindness, understanding, professionalism - fast, seamless, competent. I cannot remember when last my FNB "private bankers" were even half as passionate and knowledgeable

[@Kwazulujabul]

Why are South Africa so successful in certain areas but in other areas a disaster.

[@zcm7321]

Thank you Mr. Fourie……good work!

[@marcdefleuriot8892]

Does Capitec do home loans?