Capitec raises stake in Avafin

The Prudential Authority of the South African Reserve Bank has approved Capitec's move to increase its ownership in Avafin Holding Limited , a global online consumer lending company, from 40.66 per cent to 97.69 per cent for an amount just under R500 million. Gerrie Fourie, CEO, Capitec joins CNBC Africa for more.
Tue, 12 Mar 2024 16:20:00 GMT