Capitec

Some Capitec Bank clients were left in a panic on Tuesday morning when the bank’s online banking app failed to reflect the payment of April salaries. The realisation left many of the JSE-listed financial services provider’s customers…

South Africa’s largest lender by clients, Capitec, has posted a 15% rise in full-year profits after the bank dished out more loans during the reporting period. The lender released its financial results for the year ending February 2023 on…

The Prudential Authority of the South African Reserve Bank has granted JSE-listed Capitec Bank – through its wholly-owned subsidiary Capitec Life – the licence it needs to conduct a life insurance business in South Africa. In a Sens…

While Capitec announced solid results for the six months to August 2022, the ever-critical ‘market’ was not pleased with a mere 17% increase in headline earnings to R4.7 billion and management’s rather cautious remarks about its prospects.…

FIFI PETERS: Capitec didn’t have the greatest day on the JSE today . Its shares slumped over 10% following the release of its first-half results. Capitec actually reported higher profits. It said that it increased its retail banking…

Capitec has taken the wraps off its own mobile virtual network operator (MVNO) – Capitec Connect, which uses the Cell C network, which itself roams on MTN. The fact that its data never expires – provided the SIM card is used at least once…

Capitec Bank shareholders have again showed their strong displeasure with how the group implemented its remuneration policy, this time for the 2022 financial year. In 2021, an unprecedented 51% of shareholders voted against the non-binding…

Capitec Bank on Wednesday announced that the group’s co-founder, CFO and financial director, André du Plessis will down his tools after 22 years with the group, effective June 30, 2022. Du Plessis will be succeeded in both the CFO and…