Thirty years into its rule, the NP faced the reality of its demise. The ANC faces a similar reality
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
DebiCheck — now live across ten banks – will be a debit order fraud game changer
The report found that FNB came first not because of customers’ rising satisfaction with the bank, but because of decreasing happiness with Capitec
Critical to success is a roll-out of transactional offerings and securing refinancing
Its share price has plummeted and investors are waiting for the results of an investigation
Catch up on Zuma and why he won’t go, the struggle to get water in Cape Town, a comment on why Viceroy may have come up short on Capitec, and more.
JP Verster was right about African Bank and Steinhoff but disagrees with Viceroy’s latest report
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’.
Banks are usually blamed but a professional body is taking steps to stop fraud
Fledgling banks can offer client-centric systems that are leaner than their traditional counterparts
Capitec, in September last year, said it would reduce interest rates on longer-term unsecured loans from 28% to about 20% over the next five years.
Despite a downgrading and the fall of unsecured lender African Bank, the latest figures show that Capitec is displaying remarkable tenacity.
Moody’s ratings downgrade of South Africa’s four big banks cast the rescue of African Bank in a very different light.
Capitec Bank is still the cheapest bank in the country, according to a comparative study by trade union Solidarity’s Research Institute.
From President Fat Cat’s stinky Nkandla deal to the Capitec cats who creamed it fat cats risked obesity in 2012, write the amaBhungane reporters.
Low-cost Mzansi accounts are losing ground to bank-branded products that are cheaper and more appropriate for low-income customers.