Mouton's moment: from PSG to Capitec to Curro

He built his latest company based on a model of enterprise and accountability rather than extractive capitalism, making his a worthy win. By Neesa Moodley

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Jannie Mouton is our Businessperson of the Year, not just because he chased the loudest headline, but because he built a South African playbook for durable value: patient capital, disciplined governance and the stubborn belief that a good business should outlive its founders.

Over decades, Mouton and the ecosystem around PSG have championed frameworks that forced clarity: what is the strategy, what is the return hurdle, what are the incentives, what are the governance guardrails?

In a country where “connected capitalism” too often means the leakage of value, he proved that you can achieve scale without sliding into sludge.

This lesson matters more than any one year’s earnings.