Latest articles on Capitec Bank

The crisis can ‘galvanise all of us to eradicate inequality’

To lessen the damage being wrought by the lockdown, the coronavirus budget mixed increased grants with more money for infrastructure and to keep businesses

New banks circle small businesses

TymeBank, Bank Zero and Capitec are all looking for ways to woo businesses – including SMMEs – on to their books

Retail focus for banking’s phoenix

The African Bank, which relied on unsecured lending, has diversified its product offerings

​What you should know when buying a car

Tshegofatso Makgabutlane always dreamed of having her own car. By budgeting carefully and using credit responsibly, her dream became a reality

Is Absa’s new coat of paint enough?

Analysts say the rebranded banking giant needs more than just a fresh logo to regain market share

SARB’s Kuben Naidoo clears Capitec confusion: There is no new probe

The bank on Wednesday morning reiterated that it had not been contacted by the NCR

S&P raises Capitec, African Bank’s national rating

The Reserve Bank placed the African Bank under curatorship in 2014

Capitec shows resilience in first post-Viceroy annual results

The bank reported an 18% jump in headline earnings boosted by client growth and fee income

Finance committee grappling with Viceroy status

Ismail Momoniat said the status of Viceroy as a company made it difficult for South Africa to hold its report responsible.

Is Capitec Another Steinhoff? Not Quite.

Capitec stock fell by about 20% when Viceroy Research released a report claiming that Capitec bank “is a wolf in ​a sheep’s clothing and a loan shark”

Viceroy: Capitec is ‘a wolf in sheep’s clothing’

In a new 33-page report, published and uploaded to the Viceroy website, the short sellers said they did not buy Capitec’s 'good news story'.

Capitec Bank cuts back lending to poorer workers

"We have limited credit extension to lower income earners," the bank said in a statement accompanying its results.

A tale of the little bank that could

Capitec is winning market share with its attractive offerings, and shaking up the sector.

Bank crunch: To bail out or bail in?

Moody's ratings downgrade of South Africa's four big banks cast the rescue of African Bank in a very different light.

Capitec fights back against credit rating downgrade

Capitec Bank has come out fighting against what it believes is a kneejerk downgrade of its credit rating in the wake of the African Bank's collapse.

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Pay-TV inquiry probes the Multichoice monopoly

Africa’s largest subscription television operator says it is under threat amid the emerging popularity of global platforms like Netflix and Amazon Prime

​No apology or comfort as another Marikana mother dies without justice

Nomawethu Ma’Bhengu Sompeta, whose funeral will be held this weekend, was unequivocal in calling out the government for its response to the Marikana massacre

Covid-overflow hospital in ruins as SIU investigates

A high-level probe has begun into hundreds of millions of rand spent by the Gauteng health department to refurbish a hospital that is now seven months behind schedule – and lying empty

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