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Daily Maverick
Daily Maverick
Africa · 28 mins ago
75◉ Centre
SHARED FORTUNE : GoTyme staff become shareholders in ‘north of R100m’ deal as digital bank eyes scale
75Credibility
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Credibility 75/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

GoTyme Bank is implementing an employee share ownership scheme worth over R100 million, framing the initiative as part of its growth strategy to build long-term trust and ownership culture rather than as a retention tool.

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SHARED FORTUNE : GoTyme staff become shareholders in ‘north of R100m’ deal as digital bank eyes scale
GoTyme Bank is turning employees into shareholders as it enters its next growth phase. CEO Cheslyn Jacobs says the scheme is about ownership, not retention, giving staff a stake in the digital bank’s push for scale, profitability and long-term trust.
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