capiteclatest news & developments
AGM. Image by Currency News

Capitec’s chair shoots down questions in another aggressive AGM

The catering outshone the governance at Capitec’s AGM, unlike Ninety One’s more informative shareholder meeting

Absa ugly duckling. Rawpixel/Currency

The odd bank out

After years of leadership churn, and with a turnaround now under way, Absa is still searching for its mojo

Fintech credit. Rawpixel/Curreny

The fintechs muscling in on South Africa’s credit gatekeepers  

Armed with data, algorithms and frictionless onboarding, fintechs are increasingly deciding who gets access to credit, and doing it faster than the banks.

Capitec race. Rawpixel/Currency collage

Why the Capitec sceptics keep getting it wrong

The bank looks expensive yet keeps proving the doubters wrong. The question investors should ask isn’t how much Capitec earns – it’s how long it lasts

Shoprite fintech. Rawpixel/Currency collage

Inside Shoprite and Pepkor’s fintech pivot  

Shoprite is cagey on the exact contribution its fintech businesses provide now, but the prospects for growth are big

Bank rewards jousting. Rawpixel/Currency collage

The ‘cash back’ clash: which banks really pay?

From cashback rewards to rising tiers, South Africa’s biggest banks promise plenty. But unlocking real value can feel like a part-time job

Capitec / banks race. Rawpixel/Currency collage

Inside Capitec’s big bet on fintech

For a company that started as a microlender, Capitec has evolved into a full financial services shop. And it’s not slowing down yet

There are benefits besides philanthropy to the Curro buyout

Not all philanthropy: inside Jannie Mouton’s R7.2bn Curro deal

There are plenty of non-philanthropic benefits to the Moutons’ share swop

Viceroy FSCA Capitec

Viceroy loss a boon in rand-rigging case

Viceroy’s court loss over a 2018 Capitec report has big implications for foreign banks accused of rigging the rand

Gerrie Fourie, Capitec CEO. Picture: Supplied/Currency News

The Fourie factor behind Capitec’s surge

Capitec CEO Gerrie Fourie will leave the bank in September. He’s had a sterling 25-year run at the business

Gerrie Fourie and Risenga Maluleke

Is unemployment really just 10%? Not likely …

Capitec’s CEO says South Africa’s real jobless rate is 10%. Stats SA says he’s way off. Who’s right? Spoiler: it’s not the banker

Curerncy Viewpoint

African banks score big in latest survey

African banks’ brand value rose $15.1bn last year, with South Africa’s Capitec up a cool 100%