News

UPDATE: Capitec Bank has provided Hypertext with an official statement regarding the nationwide outage it is experiencing. We have included it below. “Capitec experienced significant disruptions ...
South Africa's Capitec Bank said on Thursday the lender had seen the worst of the impacts of high inflation and elevated interest rates that gnawed at its earnings for the six months ended Aug. 31 ...
Quite a few insiders have dramatically grown their holdings in Capitec Bank Holdings Limited (JSE:CPI) over the past 12 months. An insider's optimism about the company's prospects is a positive ...
South African lender Capitec Bank said on Tuesday its loan losses in retail banking will likely shrink to within its target range in 2025, as its full-year profit rose by 16%, sending its share up ...
Capitec Bank has chosen cloud communications software and solutions provider IMImobile to deliver a centralised client communications hub that will deliver a more personalised digital banking ...
Capitec is making banking even simpler and more affordable in 2025 with a groundbreaking new fee structure. Clients clearly know what they get and pay, with five key fees of R1, R2, R3, R6, and R10.
This means that PayShap transactions can now take place between Absa, Capitec, Discovery Bank, FNB, Nedbank or Standard Bank – with more banks to join soon. * Payment for any amount up to R3 000: With ...
Cape Town - Capitec Bank [JSE:CPI] customers, who were convinced they were robbed of their money post-festive season last Sunday, flocked to Capitec branches seeking answers only to find that ...
Capitec Bank’s share price took an almost 3 percent nosedive yesterday morning after it announced that its co-founder, chief financial officer and financial director, André du Plessis, would ...
On 11 March, the South African Reserve Bank (Sarb) approved the transaction that saw Capitec increase its shareholding in Avafin from 40.66% to 97.69% for €26.3 million (about R536.4 million).