Old Mutual’s new bank, OM Bank, will launch in South Africa this year and is set to take on Capitec in the mass market. The ...
Capitec also flagged the courier scam, in which people pay deposits or even full amounts for goods or services that never arrive. “Additionally, advance fee scams trick victims into paying upfront ...
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.
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Sarb imposes R56.25 million penalty, sanctions on Capitec Bank for FIC Act violationsSouth Africa's central bank the South African Reserve Bank (Sarb) has imposed administrative sanctions on SA's Capitec Bank Limited (Capitec Bank) due to the bank's non-compliance with certain ...
Three people stand out in the recipe of success that made Capitec South Africa’s biggest bank by customers in two decades.
Capitec Bank, SA’s fastest-growing JSE-listed bank, has been hit with a hefty financial penalty of R56.25 million by the South African Reserve Bank (Sarb) for failing to comply with certain anti ...
Capitec Bank Holdings once again vindicated the strength of its share price after predicting a strong 28% to 32% rise in headline earnings for the year to February 28, 2025, boosted by lower ...
Capitec Bank has announced an innovative fee structure for 2025 that promises to simplify and reduce banking costs for millions of South Africans. South Africa’s leading bank by customer numbers ...
The KwaDukuza Municipality (KDM) won interim relief against two banks withholding millions in embezzled funds yesterday. Issued in the Durban High Court, the interim order compels First National Bank ...
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 ...
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