Capitec
latest news & developments
South Africa’s transformation drive under scrutiny as JSE black ownership remains low
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 at 25: how scale, trust and practical innovation are reshaping access to finance
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
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…
ANC’s 30th anniversary: Learning from National Party’s lessons
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…
SA banks brace for interest rate bust-up
A higher cost of borrowing is generally good for bank profit margins – until it isn’t
How to rent-to-own a solar
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
African Bank is daring to dream big
With the tagline ‘the audacity to believe’, it will need to be ambitious to be seen as a real competitor
Digital ‘disruptor’ eats jobs at SA banks amid unemployment crisis
With fewer people visiting branches, opting to seek services online, something has to give
Absa’s Arrie Rautenbach long game can’t save bank from transformation critics
Rautenbach’s retail track record put him in good stead — and inadequate succession planning helped too
Post-riot township economy is uncertain, but established investors won’t leave easily
July’s violence and looting dealt a blow to business confidence
Covid-19 accelerates Capitec’s move to digital banking
The bank has been on a journey of digitalisation, moving from cash to card payments
Capitec Bank flies high above Viceroy’s arrow
The bank took a knock after being labelled a loan shark by the short seller, but this has not stymied its growth
Banks battle for relevance in the platform era
While Standard Bank and FNB ward off fintech disruptors, their digital-only competitors battle on the fringes
Former African Bank boss announces her move to Capitec
Basani Maluleke will join the innovation team to find ‘the next big thing for Capitec’
The end of the office as we know it?
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