#YouthMonth

Fashion retailer Side Step partners with Blxckie to launch youth-focused New Era campaign

From the Cape Flats to creative director at OFYT

Marketing's role in empowering the next generation

Nompumelelo Zwane

More #YouthMonth

Subscribe & Follow

Advertise your job vacancies

Capitec's share price dives after interim results despite CEO's cautiously optimistic tone

Capitec's share price took a tumble on Thursday, 29 September, after the announcement of Capitec's interim dividend, despite a 16.7% increase in dividend...

By Georgina Crouth

3 Oct 2022

Source: Capitec.

After the interim results announcement, the share price plunged 10% to close at R1,615.14 and then fell another 4% to close at R1,553. Shareholders have taken a 33.29% hit in the past six months.

Domestic and global uncertainty, caused by Russia’s war in Ukraine, rolling blackouts and flooding in KwaZulu-Natal, have added to an already uncertain economic environment, which further eroded consumer confidence and added significant strain.

Read the original article on Daily Maverick.

Source: Daily Maverick

Daily Maverick is a unique blend of news, information, analysis and opinion delivered from our newsrooms in Cape Town and Johannesburg, South Africa. There are many ways to describe exactly what we do (and for the price of a cup of coffee we’re capable of talking your ears off about it), but the best way to understand the end result is to experience it. Every part of Daily Maverick is free-to-air and no payment is required, although free registration is required for a small subset of functions and pages.

Daily Maverick is run by an independently owned, private company with no affiliation to any other media group (or political party or religious organisation.) Follow Daily Maverick on Twitter at @dailymaverick.

Go to: https://www.dailymaverick.co.za/