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Standard Bank overtakes Capitec and FirstRand as Africa’s most valuable bank
Africa’s biggest banking rivalry has a new winner. Standard Bank Group has surged past Capitec Bank and FirstRand to become ...
Capitec’s in-branch Smart ID service, in partnership with the Department of Home Affairs, is now available at bank branches across all nine provinces.
Capitec has announced that its voucher fee is increasing from R2 to R3, and balance enquiries on international Mastercard ...
Free on-network calls are a gamechanger ...
Capitec’s international subsidiary Avafin may still be a relatively small contributor to its earnings, but analysts believe ...
In the roughly three years since Capitec launched its Capitec Connect mobile virtual network operator (MVNO), which ...
Capitec Connect, a Cell C-hosted MVNO, now has 1.5 million active users and is eyeing home broadband services next.
Capitec plans to issue new shares to the value of R1 billion to give to its employees. It initially wanted to issue the shares at a 50% discount but has changed that to full price. The bank will still ...
Shares in Capitec slumped more than 5% on Tuesday after the bank reported a deterioration in creditworthiness among its customers, even as demand for borrowing remains strong. The bank announced its ...
It’s a South African micro-finance provider which does business mainly with low-income South African consumers. It has been garlanded with awards for its innovative practices and high share prices.
Capitec Connect has reached 1.5 million active users and is now offering free voice calls between its SIM card users.
Standard Bank has firmly overtaken both Capitec Bank and FirstRand to become the South African bank with the largest market capitalisation. At Friday’s close, all three banks were valued at more than ...
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