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Local technology company GovChat became a key partner of the South African Social Security Agency during the pandemic. Today, the company continues to provide a digital avenue to apply for certain grants, even though it is in business rescue and its executives resigned in 2022. This is Part One...
‘The expected credit loss for GovChat primarily had an influence on both our basic and headline earnings’: Alan Salomon – CFO, Capital Appreciation.
Capprec believes that GovChat – which is now in business rescue as it fights WhatsApp – and its new investments will deliver significant value in the future.
The group is betting big on a digital future.
This week MoneywebNOW looked at Pepkor results and product inflation, local healthcare stocks, Momentum Metropolitan's embedded value, Capital Appreciation's results and multi-style funds.