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 co-founder and South African billionaire Michiel le Roux says he could never have foreseen the success the bank has ...
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 ...
South African payments infrastructure company Stitch has partnered with Capitec Bank to add Capitec Pay Variable Recurring Payments (VRP) to its portfolio of payment solutions and bring it to the ...
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 ...
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.
After the CEO of Capitec, Gerrie Fourie, recently said he believes South Africa’s unemployment rate should be 10% instead of the 32.9% as Statistics SA reported, government met with Fourie and his ...
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 Group – South Africa’s largest bank by customer numbers, with about 25 million clients – has begun drafting an international strategy to guide a gradual push into other African markets and ...
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 ...