Not everyone wants to trade shares or take big risks with their hard-earned money — and they shouldn’t have to.

South Africa’s biggest bank by customers, Capitec, has been hit with a R56 million administrative penalty due to non-compliance with certain provisions of the Finance Intelligence Centre Act (FICA).

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 ...

Through a partnership with Stub, account transactions now link directly to the accounting platform for integrated financial ...

Capitec Bank Holdings Ltd. overtook FirstRand Ltd. to become Africa’s most valuable bank, a month after it appointed a new chief executive officer. South Africa’s biggest bank by customer numbers, ...

Capitec Bank Holdings increased its stake in fintech Avafin Holdings in a €26.3 million (R534.6m) deal, effectively taking full control and positioning the local bank to expand into online, unsecured ...

Capitec Bank Holdings Limited has announced a substantial increase in earnings for the fiscal year ending February 29, 2024. The board of the bank has communicated a reasonable certainty that the ...

Capitec Bank Holdings’ directors said they expect headline earnings per share (HEPS) to increase between 22% and 27% in the six months to August 31, which represents another strong performance ...