Capitec dethrones FNB owner as Africa's most valuable bank
Capitec Bank Holdings Ltd. overtook FirstRand Ltd. to become Africa’s most valuable bank, a month after it appointed a new chief executive officer.
South Africa’s biggest bank by customer numbers, Capitec has reported record profits...
Wesbank and Toyota Financial Services facing fines for alleged car loan collusion
The Competition Commission has referred FirstRand Bank Limited (FirstRand), Wesbank, and Toyota Financial Services South Africa (TFS) to the Competition Tribunal for prosecution on allegations of dividing the...
FirstRand may take on Discovery with its own medical aid
FirstRand Ltd. is emulating Amazon.com Inc. with a digital offering that will span everything from insurance, car license renewals to locating plumbing services as the South African bank chases new revenue sources.
Africa’s biggest...