Eyewitness News
  • Eyewitness News
  • Search
  • Latest
  • Local
  • Elections
  • Coronavirus
  • Politics
  • Opinion
  • Business
  • Lifestyle
  • Sport
  • Video
  • Podcasts
Go
  • Picture: Capitecbank.co.za

    EFF calls for inquiry into Capitec, says it can't trust bank's info

    Earlier this week, research group Viceroy claimed it found that Capitec had been advising and approving loans to delinquent customers in order to repay existing loans.

    1608 days ago
  • Picture: Supplied.

    EFF asks Parliament to investigate Capitec after Viceroy report

    On Tuesday, Viceroy accused the bank of being a ‘loan shark with massively understated defaults, masquerading as a community finance provider.

    1609 days ago
  • Picture: @CapitecBankSA

    Capitec: Credit rating not affected by Viceroy report

    In a statement quoting the rating's firm's bulletin on Thursday morning, Capitec says that "to date, the bank has experienced only mild funding outflows and its liquidity remains sound".

    1609 days ago
  • Picture: @CapitecBankSA

    Capitec shareholder calls for probe into Viceroy report

    Capitec CEO Gerrie Fourie says Viceroy has presented an incorrect report.

    1610 days ago
  • Capitec Bank. Picture: Capitecbank.co.za.

    [WATCH] Capitec CEO says Viceroy report one sided & factually incorrect

    Capitec's executives have briefed the media in response to a Viceroy report claiming the bank is operating like a loan shark which is quick to lend money.

    1611 days ago
  • Picture: Supplied.

    #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.

    1611 days ago
  • Capitec CEO, Gerrie Fourie, addresses the media in Cape Town on 30 January 2018. Picture: Cindy Archillies/EWN

    [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.

    1611 days ago
  • Picture: Supplied.

    [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.

    1611 days ago
  • Capitec Bank. Picture: Capitecbank.co.za.

    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.

    1611 days ago
  • Picture: @CapitecBankSA

    [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.

    1611 days ago
  • Capitec Bank

    [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.

    1611 days ago
  • Capitec Bank. Picture: Capitecbank.co.za.

    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.

    1611 days ago
  • Picture: Supplied.

    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.

    1611 days ago
  • Picture: @CapitecBankSA

    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.

    1611 days ago
  • Picture: Capitecbank.co.za

    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.

    1611 days ago
  • Picture: Capitecbank.co.za

    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.

    1736 days ago
  • Capitec Bank logo. Picture: supplied

    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.

    2246 days ago
  • Picture: Christa Eybers/EWN.

    #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.

    2247 days ago
  • Capitec Bank logo. Picture: supplied

    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.

    2653 days ago
  • Moody's cut the financial strength rating of the lender to D from D+. Picture: Capitec

    Capitec CEO: Moody's rating inaccurate

    Moody's cut the financial strength rating of the lender to D from D+ on Friday.

    2872 days ago
  • A group of robbers posing as policemen targeted the cash machine at a local mall on Thursday.

    Mitchells Plain ATM robbed

    A group of robbers posing as policemen targeted a Capitec ATM on Thursday.

    2945 days ago
  • «
  • 1
  • 2
  • 3
  • »

Trending on EWN

FILE: Eskom flags at Megawatt Park in Johannesburg. Picture: Eyewitness News

  1. Eskom: Many striking employees have returned to work but power cuts to continue
  2. Plettenberg Bay beaches closed after fatal shark attack
  3. Govt tables new salary increase offers for public servants
  4. Eskom offers striking workers a 7% wage increase
  5. CoCT, CoJ join forces to plot strategies on ending reliance on Eskom
Tweets by @ewnreporter

On Air


Latest bulletin

Latest traffic report

Contributors

  • Babalo Ndenze
    Babalo Ndenze
    DA accuses Gordhan of ‘conveniently’ pinning load shedding on striking workers
  • Kevin Brandt
    Kevin Brandt
    City of CT says it's on track to end load shedding for its residents
  • Masechaba Sefularo
    Masechaba Sefularo
    We're buckling under the pressure of load shedding - Joburg City Power
  • Lauren Isaacs
    Lauren Isaacs
    Parliament appoints investigator to probe EFF MPs' harassment complaints
  • Buhle Mbhele
    Buhle Mbhele
    Joburg businesses lose out on profit due to load shedding

Let the news come to you. Subscribe to our daily newsletter.

Eyewitness News
  • Local
  • World
  • Politics
  • Sport
  • Business
  • Lifestyle
  • Opinion
  • Features
  • Video
  • Audio
  • Infographics
  • EWN Apps
  • EWN popup
  • Breaking News Alerts
  • Traffic
  • Newsletter Signups
  • RSS Feeds
  • Contact
  • Find us on Facebook
  • Follow us on Twitter
  • Follow us on Instagram
  • Comments Policy
COPYRIGHT 2022 ALL RIGHTS RESERVED | Terms & Conditions | Privacy | PAIA

Choose an EWN Twitter account

Follow @ewnreporter

Follow @ewnupdates

Follow @ewnsport

Follow @ewntraffic

Choose an EWN app

iOS

Android