Capitec Bank Holdings Ltd. reported record first-half earnings as interest and investment income at South Africa’s biggest lender by customers jumped. Profit attributable to shareholders climbed 24% ...

Capitec Bank Holdings Ltd. overtook FirstRand Ltd. to become Africa’s most valuable bank, a month after it appointed a new chief executive officer. South Africa’s biggest bank by customer numbers, ...

Petrus Johannes Mouton founded Arch Equity Ltd. in 2004, where he worked as Finance Director. Mr. Mouton also founded Senekal Mouton & Kitshoff, Inc., where he worked as Managing Director. Mr. Mouton ...

Capitec Bank Holdings increased its stake in fintech Avafin Holdings in a €26.3 million (R534.6m) deal, effectively taking full control and positioning the local bank to expand into online, unsecured ...

“If you’re running a margin business, you don’t have a business,” says a cocksure Chris Zietsman, Capitec’s head of payments, paraphrasing a legendary Jeff Bezos quote. He comes from SnapScan, so he ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

Capitec, South Africa’s leading digital bank, has launched a new, simplified fee structure for 2025. The revised fees make banking more affordable and accessible for clients. By reducing costs for key ...

The new CEO of South Africa’s biggest bank by customers has a unique problem on his hands. Since Capitec Bank Holdings — South Africa’s first-ever challenger bank — made its public debut 23 years ago, ...

A widespread past practice of procuring unlawful emolument attachment orders (EAOs – better known as garnishee orders) to recover debts directly from defaulting debtors’ salaries may soon result in ...

The ConCourt's verdict in Capitec Bank Limited v CSARS [2024] has granted Capitec the right to claim a VAT deduction of almost R72m from the SA Revenue Service (Sars) - setting a significant precedent ...

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