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 ...
Capitec's big money move, Xbox Series S scams on TikTok and all the top stories from Tuesday in this edition of SPEEDRUN.
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 has been an incredible South African success story in improving access to affordable banking services, and in delivering value for its investors. If you had invested R1 000 in the all share ...
Capitec Bank Holdings Limited (JSE:CPI) shareholders might be concerned after seeing the share price drop 10% in the last quarter. But over three years, the returns would have left most investors ...
While Capitec announced solid results for the six months to August 2022, the ever-critical ‘market’ was not pleased with a mere 17% increase in headline earnings to R4.7 billion and management’s ...
Capitec has introduced a new biometric method for customers to open accounts using the bank’s smartphone app. The bank announced the feature on 19 April. Those looking to open an account can do so on ...
Capitec Connect, the bank’s mobile virtual network operator (MVNO), is witnessing strong growth. This was revealed on Friday by Dr Dalene Steyn, head of Capitec Connect, when the bank hosted its ...
Connectivity is becoming more affordable, as Capitec’s new flat-rate data offering to its clients proves. The outstanding feature of Capitec Connect is not only that everyone will pay the same rate ...
More than a third of Capitec’s employees are 25 and younger, with 73% of staff below the age of 30, the bank’s 2015 annual report reveals. Staff turnover among this age group tends to be high and the ...
The Constitutional Court has ruled in Capitec’s favour over a R71 million rand tax dispute with the South African Revenue Service (SARS). The case revolved around a R71.5 million VAT claim by Capitec, ...