NEWS ANALYSIS | The great SA banking divergence —Capitec vs African Bank
The article compares South African lenders Capitec and African Bank. It says African Bank was placed into curatorship by the South African Reserve Bank after problems starting in 2013. It reports Capitec had a R546bn valuation and a 2026 record profit of R16.8bn, while African Bank has postponed an IPO to at least 2030 after an R624m loss and rising credit impairments.


