The test facing new Capitec CEO Graham Lee

The test facing new Capitec CEO Graham Lee

Newly appointed Capitec CEO Graham Lee. Image: Capitec The newly appointed CEO of South Africa’s biggest bank by customers has a unique problem on his hands. Since Capitec Bank — South Africa’s first-ever challenger bank — made its public debut 23 years ago, its shares have soared by more than 200 000%. That’s made it the…

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Schreiber finds ally in Capitec as TymeBank cries foul over fees

Schreiber finds ally in Capitec as TymeBank cries foul over fees

Capitec Bank has voiced its support for Leon Schreiber’s efforts to modernise South Africa’s population registration database after TymeBank on Tuesday excoriated the home affairs minister’s decision to impose big price increases for online identity verification. “Capitec supports the department of home affairs’ initiative to upgrade the National Population Register and enhance the stability and…

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