Capitec’s fintech business contributed R2.7-billion to headline earnings, about three-quarters of what its personal bank earned.
Browsing: Capitec Connect
South Africa’s two biggest MVNOs have a lot in common. What separates them is who banks with them.
As Revolut prepares to enter the market, a lengthy waitlist shows demand for a wallet but not a primary banking relationship.
Under MTN’s new wholesale model, an MVNO that wants aggressive retail pricing can have it, but there’s a catch.
MTN’s network spending in South Africa fell 17.1% while Nigeria received nearly three times as much in capital investments.
MTN South Africa cut airtime credit from 42% of prepaid recharges to about 34% over the past year.
MTN South Africa lost 1.1 million prepaid users between March and June as it purged credit-dependent customers.
Capitec and FNB subscribers are doing more for Cell C than its own customers, its full-year results to 31 May 2026 show.
Why 25 million retail clients and a trusted billing relationship may matter more than owning fibre in the ground.
In recent quarters, MTN South Africa’s voice revenue has fallen by 2.8%, then 8%, then 9.6%. Its latest quarter is down again.