Araxi Ltd 2018 Integrated Report
Company: Araxi Ltd
Sector: Technology & telecommunications
Country: South Africa
Year: 2018
Type: Integrated Report
Pages: 124
The report describes Capital Appreciation's transformation from a special purpose acquisition company into a FinTech operating Group following three acquisitions and one international investment. It reports group revenue of R571.3 million, trading profit of R178.3 million and headline earnings of R143.4 million for 2018. The report also highlights R11.8 million of Group B-BBEE expenditure and Board-level Social and ethics committee initiatives covering environment, health and safety, human rights, bribery and corruption.
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