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#RandReport: South African stocks post biggest daily fall in 14 months
Market-heavyweight Naspers continued its slide after Morgan Stanley cut its target price to R4,900 from R5,400 on Monday.
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[WATCH] Capitec CEO: Your money is safe with us
Despite a report published by US-based Viceroy, Capitec CEO Gerrie Fourie says people should be confident that their money is safe.
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[WATCH] Will Capitec really go bust?
EWN's Ray White gives us the wrap on accusations made by Viceroy and whether or not Capitec really is a loan shark skilled in predatory finance.
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Economists: Capitec customers have nothing to worry about
Despite a report published by US-based manager Viceroy, experts say people should be confident that their money is safe.
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[WATCH] Capitec labels Viceroy report 'nonsense'
On Tuesday, US-based fund manager Viceroy questioned Capitec's ability to survive, saying its business model is not sound.
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[LISTEN] Should Capitec customers be worried about Viceroy's report?
Viceroy is not without their own axe to grind in this case, says Vestact MD Paul Theron.
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Viceroy says Capitec will unravel, Sarb says it's solvent
Viceroy has likened Capitec to a loan shark and questioned its ability to survive, while the Reserve Bank says the bank is is solvent, well capitalised and has adequate liquidity.
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Capitec falls 25% after report by Viceroy Research
Viceroy said Capitec overstates its loan book by as much R3 billion a year by issuing new loans to defaulting clients.
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Reserve Bank says Capitec is solvent, has adequate liquidity
This comes after a report released by Viceroy which likened the bank to a loan shark.
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Viceroy labels Capitec a loan shark, wants bank placed under curatorship
Viceroy says it has found that Capitec has been advising and approving loans to delinquent customers in order to repay existing loans.
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Capitec posts 17% rise in H1 profit
Client numbers increased to 9.2 million, which represents growth of 106,000 per month over the past 12 months, the company said.
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Capitec in hot water for alleged abuse of short-term credit facilities
National Credit Regulator Secretary Lesiba Mashapa says an investigation found Capitec enters into an agreement with a consumer and cancels that agreement, then the consumer will be entitled to loans that are revolving.
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#RandReport: Rand weakens on growth worries, Capitec leads stocks down
The rand hit a session trough of 14.9450, its softest since 11 April according to Thomson Reuters data.
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Capitec Bank boasts good results
Chief Executive Officer of Capitec Bank, Gerrie Fourie, says about 100,000 clients join each month and, as a result, earnings are booming.
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Capitec CEO: Moody's rating inaccurate
Moody's cut the financial strength rating of the lender to D from D+ on Friday.
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Mitchells Plain ATM robbed
A group of robbers posing as policemen targeted a Capitec ATM on Thursday.
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Capitec full-year earnings reveal slow growth
Shares of Capitec are down about 7 percent over the last 12 months.
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Credit lawyer: Don’t take Godsell’s lead
Lawyer Stephen Logan says it wouldn’t be wise to follow Godsell’s approach to garnishee orders.
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Capitec profit up, shares jump
Capitec surprised investors with news its first-half earnings likely rose by as much as 22 percent.
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'ATMs maybe a thing of the past'
Capitec says they see a future without automated teller machines.
