A few months ago I had inquired from Capitec if they have any Business Solutions. The response was quite disappointing but the consultant I spoke to, gave me hope that there is a plan even though at that stage they could say much. Yesterday I twitted Capitec and said to them “bring us Business Banking” and I was given a link that enlightened me. Capitec has been given the go-ahead to purchase 100% of Mercantile Bank. Now Capitec will be able to offer Business Banking and also offer to fund Businesses.
even KFC had to close shops for the lack of business.