And we’re not even talking about Tuesday when Capitec clients opened their accounts on payday only to find a heart-and-gut-wrenching bank balance of R0,0.
Nowadays, people rely on banks for many of the activities they carry out in their everyday lives.
Earlier this month, Capitec announced that co-founder and chief financial officer André du Plessis will retire from the group come the end of June this year.
It’s now been confirmed that a 41-year-old woman was arrested for malicious damage to property in a Capitec branch in Strand.
It seems as though the woman may be suffering some sort of mental breakdown, which actually makes it quite difficult to watch.
If you commute for work, and rack up the petrol spend each month, you may want to consider which rewards programme offers the best savings.
Capitec is putting a great deal of effort into making itself the most affordable bank in South Africa, as well as offering new perks.
Capitec published its annual report for the financial year 2019 and it looks like CEO Gerrie Fourie had a very good year.
Viceroy has hit back once again, saying it has evidence that Capitec uses a “curing” method to hide the “disastrous” performance of its loan book. More shots fired.
We’re into the second week of the Capitec / Viceroy showdown. As both sides take aim at one another, some of the Capitec directors’ share sales are raising eyebrows.
Viceroy Research came out swinging earlier in the week, although it wasn’t too long before we saw Capitec dish out some hits of their own.
You really don’t want Viceroy Research coming after you, and when they get you in their crosshairs you’re in for a hell of a ride. Capitec are feeling the heat.
Everyone loves to bitch and moan about our banks, but according to a new study Capitec is the best bank in the world. Some of our others don’t fare as well.
Capitec today announced a 35 per cent rise in first-half profit for this year. It also said it planned to offer more than 14 million new shares at R160 each – a discount of more than 22 per cent on Tuesday’s closing price.
Capitec shares rose to close at a new high of R214,76 yesterday. The bank also recently announced a dividend of 300c per share, showing why it isn’t surprising that analysts have happily placed “buy” recommendations on the stock.
Some years ago I made my way over to mud island, London specifically, and one thing I always appreciated was not having to rush to the bank on a Saturday morning just because that was the way things were. This is surely good for banking in South Africa and a giant leap toward getting Saturday mornings back.
Get your tissues because our big bankers earn far more eye-watering amounts compared to SA’s insurance CEOs.
In 2019, Discovery Bank entered the market and the figures involved thus far are staggering.
The upcoming Stormers URC season has hit a bit of a speedbump with news that the team won’t be able to play all of its matches at Cape Town Stadium.
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The cash injection was announced yesterday, with the company saying the funding will be used to expand its footprint in the US.
Many of the country’s wealthiest citizens watched their net worths soar over the past 12 months, despite the economic havoc caused by the COVID-19 pandemic.
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Wealth can be measured in a number of ways, one of which is by how much stock value you hold on the Johannesburg Stock Exchange, or JSE.
Brand Finance’s recently released 2021 annual report reveals the most valuable and strongest brands in South Africa.
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Capitec might still be pulling ahead in the rankings, but it’s showing signs of fatigue with other banks gaining ground.
Gee, a real headscratcher here trying to figure out who this ex-president may be. Join me as we attempt to connect the dots.
South African banks, and SARS, have declared that the cheque book could soon be a thing of the past.
BrandsEye analysed some 500 000 social media posts to find out how South Africans really feel about our top banks.