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).

Through its award-winning app, Capitec also holds a large market share of prepaid sales of electricity, airtime, data, vouchers, online bills and Lotto sales. “As shown in the figure below ...

Whether you’re aiming to adopt healthier habits, master new skills or take control of your finances, there’s an app to help you make it happen. Technology can be a game-changer in turning ...

Capitec Bank, SA’s fastest-growing JSE-listed bank, has been hit with a hefty financial penalty of R56.25 million by the ...

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Capitec Bank, SA’s fastest-growing JSE-listed bank, has been hit with a hefty financial penalty of R56.25 million by the South African Reserve Bank (Sarb) for failing to comply with certain anti ...

They simply withdraw an additional loan amount into their bank account, with nothing but three simple questions from an ATM or mobile app standing in their way. "There is therefore no justifiable ...