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Crumbling partnership between GovChat and Capital Appreciation Ltd – Part One

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.

Capital Appreciation reports solid FY performance

‘The expected credit loss for GovChat primarily had an influence on both our basic and headline earnings’: Alan Salomon – CFO, Capital Appreciation.

We ve taken the full pain : Capprec still hopeful GovChat will pay off

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.

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