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Capitec unbundling: Is this the death of anchor shareholders?

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Photo: Supplied by Capitec
Photo: Supplied by Capitec
Photo: Supplied by Capitec

The Mouton family owned PSG Group has announced the unbundling of its Capitec stake will be finalised by the end of August.

The unbundling, which analysts said was influenced by more than the draft Financial Conglomerate regulations that would increase compliance burden on PSG, has brought South African banks close to the end of the era of anchor shareholders.

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