There were replacement transactions at Old Mutual and Absa, with FirstRand, Sanlam and Capitec retaining black ownership. But Standard Bank and Nedbank have less than 1% black…
Capitec reports headline earnings growth of 23% to R16.8 billion, celebrates R1 billion in client savings, and enters its next chapter as a diversified financial services group…
The Rebirth of Ubuntu concert is proud to announce Capitec as its new headline sponsor. This partnership is rooted in Capitec and The Rebirth of Ubuntu’s shared values and…
Thirty years into its rule, the NP faced the reality of its demise. The ANC faces a similar reality This content is restricted to registered users and subscribers. Get Your Free…
A higher cost of borrowing is generally good for bank profit margins – until it isn’t
Various financing companies are offering consumers the option to pay a monthly fee for solar energy and they will own the equipment after a certain period of time
With the tagline ‘the audacity to believe’, it will need to be ambitious to be seen as a real competitor
With fewer people visiting branches, opting to seek services online, something has to give
Rautenbach’s retail track record put him in good stead — and inadequate succession planning helped too
July’s violence and looting dealt a blow to business confidence
The bank has been on a journey of digitalisation, moving from cash to card payments
The bank took a knock after being labelled a loan shark by the short seller, but this has not stymied its growth
While Standard Bank and FNB ward off fintech disruptors, their digital-only competitors battle on the fringes
Basani Maluleke will join the innovation team to find ‘the next big thing for Capitec’
As more people continue to work from home, a decreased demand for commercial property is expected to continue as long as South Africa’s growth levels remain low
Digital and mobile offerings have the potential to disrupt the banking industry in South Africa
Consumers can only benefit as the big four banks give in to pressure from low-fee upstarts and digital newcomers
Several new entrants will spark a war of attrition rather than a full-frontal assault and customers will be the winners
The number of new accounts has risen but tough times have forced others to borrow
Before the court battle over rand-rigging begins, the tribunal must settle a number of preliminary skirmishes
