Page 4 - Capitec Connect News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Banks in Africa are under pressure to remain relevant in the face of changing consumer needs and competition from telcos and fintechs.

SA’s biggest retail bank has increased customer numbers by 13% and says it plans to become self-sufficient as rolling blackouts, increasing economic uncertainty and global wars hurt operations.

In a country where connectivity is the key to economic development, data is proving to be banks’ biggest competing point. But are South Africa’s consumers getting the short end of the stick?

Difficult to maintain exceptional growth rate after rising to become SA's biggest bank by client numbers, but opportunities abound.

Interviews with Capitec CEO Gerrie Fourie are usually a treat. This one kicks off with his perspective on the stock's R30bn market cap drop.