South Africa’s two biggest MVNOs have a lot in common. What separates them is who banks with them.
Browsing: Capitec
As Revolut prepares to enter the market, a lengthy waitlist shows demand for a wallet but not a primary banking relationship.
Co-CEO Brett Levy named the single point of exposure when asked about MTN’s push for direct relationships with the banks.
MTN South Africa lost 1.1 million prepaid users between March and June as it purged credit-dependent customers.
Replying to a customer on WhatsApp will start costing business users money from October. Meta won’t confirm how much.
Why 25 million retail clients and a trusted billing relationship may matter more than owning fibre in the ground.
Bank robberies fell to just two incidents in 2025 while digital banking claims climbed to R2.4-billion.
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.
The Competition Commission has recommended approval of Capitec’s R400-million Walletdoc acquisition subject to conditions.
Why Pepkor’s PlusB is the most credible challenge Capitec has ever faced, and what it will take to prove it.