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Capitec dismisses Viceroy report

Shares in Capitec Holdings dropped as much as 25 per cent earlier today after U.S. firm Viceroy Research said it has overstated its financial assets and income. Capitec's Chief Financial Officer, Andre du Plessis dismissed the report saying the allegations were totally unfounded. Joining CNBC Africa is Professor Jannie Rossouw, Head of School of Economic and Business Sciences, Wits University.
Tue, 30 Jan 2018 15:44:10 GMT