Rubicon slump was worse, say upbeat fintech executives

27 June 2021 - 05:00 By NICK WILSON

Two of the veteran businessmen behind JSE-listed fintech investment company Capital Appreciation struck an optimistic note this week, saying that while SA was only now emerging from a decade of poor economic growth, the years following the notorious Rubicon speech in 1985 were tougher.

Speaking after the release of Capital Appreciation's results this week, joint-CEO Michael Pimstein and CFO Alan Salomon, said though conditions in SA were difficult at the moment, there were "green shoots" showing in the economy...

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