Corporate banking: Investment (private sector)
The financial organisation is one of the oldest existing black-owned Investment Banking firm in South Africa, having started out as African Harvest Capital in 1997. The Firm is one of the few JSE listed Financial Services firms of its kind.
The organisation says its vision is to be the preeminent independent investment banking boutique in Southern Africa and the “Advisor of Choice” for the region.
Corporate banking: Investment (public sector)
The Johannesburg Stock Exchange
The JSE Limited is the 17th largest exchange in the world by market capitalisation, which is at more than trillions. With about hundreds of listed companies and 907 securities, South Africa’s (SA’s) exchange is Africa’s largest and is bigger than Moscow’s and Singapore’s.
World-class systems allow the JSE to offer leading technology and surveillance. In 2012, it was ranked as number one in the world for the third time in terms of securities regulation by the World Economic Forum.
The JSE is an essential cog in the functioning of SA’s economy. And is the market of choice for local and international investors looking to gain exposure to the leading capital markets in the country as well as the broader African continent.
In October 2011, South Africa’s JSE Top40 Index joined Brazil’s Bovespa Index, Russia’s Micex Index, the BSE India Sensitive Index, Hong Kong’s Hang Seng Index, the Hang Seng China Enterprises Index to form the BRICS Exchanges Alliance. Trading began in March 2012.
Retail banking: Bank
In the SA retail banking market Capitec in June 2017 had become the second biggest bank in South Africa. When it revealed that it had just hit nine million retail customers thus surpassing Absa by some margin.
In reporting its full year results for the year ended February 2017, Capitec said that it added 1.3 million customers in the preceding 12 months to take it to 8.6 million customers. It added 400 000 more customers in the next five months to June 2017, reported “BusinessTech”.