Banking group Capitec has been granted a licence to conduct life insurance business in South Africa, with the group planning to start underwriting its own life and funeral insurance products soon.
InSites Consulting South Africa has published the results of its eleventh annual SITEisfaction survey, highlighting the best digital bank as rated by customers.
Capitec is gearing up to improve and optimise its financial services, including its payment system, business banking and the recently announced mobile service, Capitec Connect.
Capitec Bank has published its financial results for the half-year period ended August 2022, showing 17% growth in group headline earnings to R4.7 billion from R4 billion for the comparative period.
South Africa's biggest bank by customers, Capitec, has launched a new mobile offering promising to shake up prepaid pricing in the county.
Financial services group Capitec has launched Capitec Connect - a prepaid solution for voice, data and SMS.
As South Africa’s banking sector faces increasing competition from new digital entrants, a fierce battle still rages on among the ‘legacy’ institutions.
FNB CEO Jacques Celliers says that if South Africa cannot get an extension on the possible greylisting by the FATF it may have dire consequences on the economy.
Hiring for IT positions in South Africa's banking industry showed strong growth in August, new data shows.
Recent data has shown that South Africans are ready for legacy banks to change the way they do business however, the banks themselves say it is too soon.
© 2022, Instive. All rights reserved
