However, South Africa’s biggest bank by customers, Capitec, has bucked the trend by opening almost double the number of ATMs ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

The banking sector is not a friend of the people. It has never been. It exists to serve itself, to protect the old order, and ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

With the appointment of Raghuvir Rai Malhotra the bank is aligning itself with the next phase of financial services, where banking is increasingly digital, scalable and borderless.

By Daniel OFOLIQUAYE, ACIB Imagine walking into a bank branch in 2040 where humanoid robots and AI-driven kiosks efficiently process transactions in seconds. In such a world, where does the ...

We are pleased to announce that the Minister of Finance and other Regulatory Authorities have formally approved Capitec’s purchase and acquisition of Mercantile Business Bank. This is an exciting ...

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The SASSA is a government organization responsible for administering social grants to eligible South African citizens. SASA 350 are aimed at providing financial assistance to individuals in need, ...

Capitec Bank Holdings Ltd. (Capitec or the group) is listed on the Johannesburg Stock Exchange Ltd. (JSE). It owns the operating subsidiaries Capitec Bank Ltd. (Capitec Bank or the bank), Capitec ...