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• Capitec Challenges Traditional Elite Banks With Strategic Expansion Into South Africa’s High Earner Segment

  Published: Apr 29, 2026

  Section: Africa

  Capitec has reported a 21% increase in high income clients as it pivots toward the premium market to sustain its aggressive growth. Following its 2026 annual results, the bank is l...

• Middle-class South Africans earning R60,000 monthly face severe solvency crisis as living costs outpace wage growth

  Published: Apr 19, 2026

  Section: Africa

  Data from National Debt Advisors indicates that individuals earning between R30,000 and R60,000 are increasingly reliant on high-interest credit to sustain basic living standards....