The bank had 20.1 million active clients at the end of February, meaning it has access to the financial data of roughly a third of the population.
With its clients having less disposable income than before, and due to the significant increase in interest rates, Capitec reported a sharp rise in credit losses – a metric that refers to clients being unable to repay their loans.
_Business Yes - and capitec punishes the client when they fall victim to fraud, by charging hefty fees for reversal. Also enablers of fraud by refusing to implement more tech to protect client. Where is OTP for new debit orders ?! stop debit order fraud
_Business
_Business
_Business We didn't need the data to prove this ... You just need to look around you ...Open your Eyes SA....
_Business I guess we can safely say that the ANC top people and cadres are getting richer. I don't see them suffer at all!
_Business All thanks to a corrupt ANC!!
_Business
_Business Sad!!!! As we reading daily how politicians enrich themselves through all possible avenues
_Business While MYANC comrades and cadres get richer! AnimalFarm VoetsekANC AncIsCorrupt
_Business But they'll continue to vote for ANC next coming elections.
_Business it's only now you starting to notice?
_Business This doesn’t include the poorest. It’s impossible to become poorer when you are the poorest💔
_Business We don't need any data from any bank we already knew that all along, so please.
_Business CapitecBankSA you didn't have to embarrass us like that.
_Business No shit Sherlock!!!!🤦🏾♂️🤦🏾♂️🤦🏾♂️
_Business And then you vote for people that could care jack sht about you lol wtf crazy
_Business Lesetja Kganyago keep on raising repo rates each month, against low salaries and low economic growth
_Business And as in when South Africans are getting poorer, the bank fees and services are forever increasing. Capitalism doesn't want too see a poor man making it out of poverty.
HeySenate _Business SibusisiweGqos1 🤣
_Business Kdala saba poor thina especially Majority
_Business We know. We're experiencing it
_Business Best strategy I ever took was buying a little bit every day and increasing the amount of those buys during dips into Crypto is the best strategy of the past decade Following 1marketanalyst tweets, prediction and tips I have really learnt a lot about how Crypto works
_Business Unsurprisingly !
_Business Kinda what will happen if a government steals trillions of the local currency and probably taking it abroad. But hey…. Thats life.
_Business We've known this. SA is the pits
_Business CyrilRamaphosa GwedeMantashe1 We cannot allow self-inflicted damage like not investing in our infrastructure/grid to cause decline in our GDP lowest in the world forecast. There must be consequent management. TreasuryRSA SAReserveBank Cc DumaGqubule redgenkosi
_Business Anc dividend
_Business Do not stress..the railway lines will take some time to be carried away..
_Business Yeah, they throw cash like it's hot or whatever they do during the weekends
_Business That's news to you? 😅
_Business Nothing new. We are poor
_Business Oh REALLY - JEEPERS CapitecBankSA did u have to rely on DATA to make you realize that MOST of South Africa are POOR and NOT getting POORER FFS !
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