ARTICLES RELATING TO CAPITEC

The song everybody is listening to

2020-01-27 15:24

Young Toni Watson followed her instincts when writing the smash hit, Dance Monkey. It’s reached number one on the official music charts of over 30 countries, and chances are you’re singing along to the catchy chorus right now.

The everyday habit that’s almost as bad as smoking

2020-01-13 10:53

Some consider it a habit almost as bad as smoking, and it affects a much bigger proportion of the population than cigarettes do. Find out what sitting can do to your health.

SA's banks: What to watch out for in 2020 as digital rivalries ramp up

2019-12-27 13:23

First it was price. But now banks want to outdo their peers in digital capabilities.

Business booming for Sanlam despite limping economy

2019-12-05 05:00

Sanlam said the relationship it forged with Capitec in May 2018 continues to exceed its expectations, selling roughly 100 000 policies a month.

Capitec closes R3.56bn Mercantile Bank takeover

2019-11-07 17:06

The deal will help Capitec branch out into business banking.

Capitec shares can be sold to settle state capture losses, court rules

2019-11-05 17:54

The high court has ruled that Capitec must give consent for entities linked to Regiments to sell their Capitec shares to pay back a Transnet pension fund for losses it sustained due to state capture.

Mboweni approves Capitec acquisition of Mercantile

2019-10-09 18:08

Capitec's acquisition of Mercantile Business Bank has been formally approved by Minister of Finance Tito Mboweni and other regulatory authorities.

Gupta associate abandons court bid against Transnet pension fund

2019-10-01 13:10

But Capitec is still opposing a deal with the pension fund.

Furious Capitec lashes out against Transnet after state capture deal

2019-09-05 09:16

Transnet wants Capitec to pay the price for the state-owned entity's "mistakes" in dealings with Regiments Capital, says the bank's CFO.

Win tickets to Live Better Talks featuring Riky Rick

2019-07-19 11:41

Monthly ‘Live Better Talks’ from Capitec Bank to take place across the country and feature successful local leaders and influencers.

 

Capitec’s finance boss just sold R118 million in shares - as investors believe the stock is overpriced

2020-01-14 13:58

He's not the first insider to sell as the share looks increasingly expensive.

How to create a 2020 money plan

2020-01-06 14:23

Get your year off to the best start by drawing up a comprehensive money plan.

The book that affirmed Thapelo Mokoena’s career dreams

2019-12-10 12:36

Actor Thapelo Mokoena, one of the stars of Deon Meyers’ Trackers, credits one book for affirming his career change 17 years ago.

Consumers win as disruptors force banks to lower fees

2019-12-03 17:11

According to Solidarity’s 10th annual bank charges report released on Tuesday, banks are now offering better benefits to their customers at lower prices to protect their market share, following fierce competition launched in the banking sector this year.

Capitec wants to appeal ruling on selling shares to settle state capture losses

2019-11-07 17:01

Earlier in the week the Johannesburg High Court ordered the bank to consent to a Gupta-linked company selling its shares in the bank to pay back losses suffered by a Transnet pension fund.

PSG credits Capitec for growth in otherwise gloomy conditions

2019-10-15 21:47

The group's sum-of-the-parts value amounted to R259.56 per PSG Group share. By 11 October 2019 it was R299.57 per share.

FNB to open seven more branches

2019-10-08 17:41

FNB also plans to revamp 29 of its branches.

Capitec blocks state capture payback

2019-09-05 17:10

A Transnet pension fund has accused Capitec Bank of setting itself up to benefit from state capture abuses by blocking a major settlement for Transnet pensioners. Capitec says it is defending its empowerment credentials, but the pension fund says it is trying to take unfair advantage.

Capitec CEO to Ramaphosa: All 28 ministers must give you a growth plan

2019-09-04 17:25

The CEO of Capitec has advice for President Cyril Ramaphosa: rally everyone around the goal of uplifting economic growth.

EXCLUSIVE: Organised crime behind massive R1.6bn debit order scam

2019-06-02 07:29

An extensive investigation into illegal debit order scams involving the country’s major commercial banks has revealed the existence of organised crime syndicates seemingly operating on a massive scale.

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