September 25, 2013 / 5:22 AM / 4 years ago

South Africa's Capitec H1 earnings up, CEO to retire

JOHANNESBURG, Sept 25 (Reuters) - South African massmarket lender Capitec Bank Holdings reported a 20 percent increase in first-half earnings on Wednesday and said its chief executive would retire at the end of this year.

Capitec said headline earnings per share, the main measure of profit in South Africa, totalled 844 cents in the six months to end-August. (Reporting by David Dolan)

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