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South African Reserve Bank confirms it has referred Capitec to the credit regulator for investigation

The South African Reserve Bank confirmed in an emailed statement to CNBC Africa that it has referred Capitec to the National Credit Regulator.

Capitec Bank opens its doors to Viceroy

By: Capitec Bank Capitec Bank has responded to the latest allegations by American short-seller, Viceroy Research Group, saying its new report is again filled with...

Viceroy responds to Capitec

By: Viceroy Research   On January 30, 2018 Viceroy Research released our report on Capitec citing a need for large impairments and regulatory intervention. The issues expressed...

Why Capitec remains Africa’s strongest banking brand

Why Capitec remains Africa’s strongest banking brand

Viceroy’s report on Capitec is flawed – S&P

S&P Global Ratings said yesterday that its ratings on Capitec Bank was not affected by the investment report published by Viceroy Research on January 30th or by the market's reaction to the report. S&P has Capitec ranked at BB, or speculative, with a stable outlook in line with sovereign rating. Matthew Pirnie, Primary Credit Analyst at S&P Global joins CNBC Africa for more.

South Africa’s Capitec dismisses Benguela global fund report

South African lender Capitec Bank Holdings dismissed Benguela Global Fund Managers’ letter on Thursday, which had raised concerns about the lender’s business practices. Benguela wrote...

Capitec Bank Responds Quickly and Strongly Refutes Viceroy Claims

By: Capitec Bank Capitec Bank is deeply concerned about the integrity of a report by Viceroy Research. We received a copy of the Viceroy research report...

Capitec dismisses Viceroy report

Capitec dismisses Viceroy report

South African Reserve Bank Responds to Viceroy Report on Capitec Bank

By South African Reserve Bank and Reuters South Africa’s central bank said on Tuesday Capitec Holdings was “solvent, well capitalised and has adequate liquidity” in...

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South Africa’s rand crashes to its lowest ever after Moody’s pulls the plug

South Africa’s rand plunged to an all-time low on Monday, falling below 18.00 to a dollar after ratings firm Moody’s cut the country’s last investment grade credit rating, adding to mounting panic about the coronavirus outbreak.

Market recovery is coming but it could be ‘choppy’: State Street | Street Signs Asia

The coronavirus outbreak has sent U.S. stocks sharply lower. Daniel Gerard of State Street says a recovery should be on the way in the second half, though it might be "choppy".

FNB confirms measures to help customers impacted by COVID-19

“In recent weeks, the South African Government, business community, philanthropists and society at large have shown remarkable unity in a joint effort to protect our country against the impact of COVID-19,” writes FNB Chief Executive Officer, Jacques Celliers.

Low oil prices are becoming a US ‘national security’ issue: IHS Markit | Capital Connection

If oil prices remain low, there could be a "big decline" in U.S. oil production and it could lose its status as the world's largest oil producer, says Dan Yergin, vice chairman of IHS Markit.

‘Support us during this crisis’: Bangladesh minister to global garment buyers | Street Signs Asia

Tipu Munshi, Bangladesh's minister of commerce discusses the challenges faced by the country's garment industry bearing the brunt of the ongoing coronavirus crisis.