BN Edge | CEO Charles Savage breaks down “best-ever” results for EasyEquities owner Purple Group

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A year ago, Charles Savage made Alec Hogg a list of promises. This week he came back with Purple Group's best numbers yet: profit before tax up 36%, more than R100 billion in client assets, and nearly R17 billion deposited in a year when markets gave investors far less. So why do some shareholders still want out? Savage made the case that the scale benefits are only starting to show, that his longest-serving clients have grown their wealth faster than Warren Buffett, and that every line of the group's code is now written by AI, without a single job lost. He was also candid about what hasn't worked: a Philippine regulator who still holds the gate, a Kenyan launch that slipped, and crypto dragging on profits. He explained why his own bonus fell in a record year, and gave the advice he'd offer a 16-year-old opening her first account.
12 Nov 8AM English South Africa Investing · Business News

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