HBR IdeaCast cover image

When ‘Best Practices’ Backfire

HBR IdeaCast

00:00

Capatec - Copy Tax

Banks in south africa make money on transactions. They charge a percentage, say one %, exactly less an that the say one %. So if you transfer 100 south african rants, you pay one rand. But if you transfer a thousand rants,You pay, obviously, ten raunds and copita tat. And as a range of such practices that they have, that they used as ta basis of a new business model at a bank like capatec.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app