LATEST NEWS FOR Capitec Bank Holdings Ltd.  

Capitec Bank, a retail bank, is a subsidiary of Capitec which is listed on the JSE Ltd. Capitec Bank provides simplified and affordable banking facilities to clients via the innovative use of technology in a manner which is convenient and personalise... [more info]

How the state capture project washed up on Capitec’s door

7 Nov 2019 /  Ciaran Ryan   13
A judgment handed down on Tuesday doesn’t read well for the bank.

Debt relief a double-edged sword for South Africans living on loans

4 Nov 2019 /  Emma Rumney, Reuters   5
New credit law aims to protect vulnerable with debt relief, but could lead to loss of credit lifeline for some.

Special report: South Africa’s unsecured lending crisis

28 Oct 2019 /  Patrick Cairns   53
Is there a way out?

FNB offers entrepreneurs free business banking, learning hub

16 Oct 2019 /  Neesa Moodley   1
With the SME sector touted as a prime forum for job creation and economic growth, banks are starting to tune in to the opportunities it offers.

Strong client growth boosts Capitec’s profit

26 Sep 2019 /  Moneyweb  
Gerrie Fourie – CEO, Capitec

Basa urges unions to call off banking strike, return to drawing board

26 Sep 2019 /  Tebogo Tshwane   9
Cosatu to appeal court decision and resubmit Section 77 strike certificate.

Capitec leaves rivals in the dust

26 Sep 2019 /  Hilton Tarrant   8
Strong growth in clients, transactions, lending and earnings, despite a fiercely competitive market.

Capitec profit jumps 20%, meets expectations

26 Sep 2019 /  Emma Rumney, Reuters   1
On the back of strong customer growth and a smaller impairment charge.

Five things making headlines in South Africa today

26 Sep 2019 /  Moneyweb  
Blue Label and Capitec Bank results, SA tourism dips, rand breaks through R15 mark and more.

Banks and unions should tackle underlying issues to job cuts

25 Sep 2019 /  Tebogo Tshwane    31
Over 40 000 workers could embark on a national strike on Friday to stop retrenchments in the industry.

Changing the face of asset management

18 Sep 2019 /  Patrick Cairns   8
Black-owned firms need to find ways to stand out.

Banking sector toughs it out and proves resilient

12 Sep 2019 /  Moneyweb  
Costa Natsas - Financial services leader, PwC Africa

SA’s unsecured loan boom leaves 40% of borrowers in default

12 Sep 2019 /  Antony Sguazzin, Bloomberg    43
Nearly 8m South Africans have taken out a combined R225bn of loans without collateral.

Staff pay doubles as bank CEO pay soars ahead

UPDATE
9 Sep 2019 /  Hilton Tarrant   17
A look at median pay trends at banks….

Capitec bank forecasts up to 21% jump in H1 earnings

5 Sep 2019 /  Onke Ngcuka, Reuters    1
Company gives no reason for the increase.

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