Pepkor Steps Into Banking: The Next Big Disruptor?

Loading player...
South Africa’s banking landscape just got even more competitive. Retail giant Pepkor owner of the country’s largest retail footprint and a massive 10-million-plus digital customer base has officially received approval from the Prudential Authority to enter the banking sector. And the industry is watching closely.

Gugulethu Mfuphi speaks to David Shapiro, Chief Global Equity Strategist at Sasfin Wealth, to unpack what Pepkor’s entry means for a market already reshaped by Capitec, TymeBank, Discovery Bank and Bank Zero. With SA fast becoming a multibanked society, this move marks one of the most significant disruptions since the rise of challenger banks a decade ago.
25 Nov 2025 3PM English South Africa Business News · Investing

Other recent episodes

Pivot Point — Dr Nishal Khusial on AI in SA

Dr Nishal Khusial explores the rise of AI in South Africa and the launch of the School of AI Africa. We explore what this technological shift means for jobs, digital security, and business transformation.
17 Apr 5AM 19 min

SA–US Relations: Reset, Risk or Realignment?

Professor Patrick Bond unpacks the latest diplomatic shifts between South Africa and the United States — from new ambassadorial appointments to tariff investigations and geopolitical tensions.
17 Apr 5AM 20 min

Financial Rules Before You Say “I Do”

BDO Wealth Financial planner Shaun Chennells explains why financial alignment is crucial before marriage. From antenuptial contracts to shared goals, debt transparency and long‑term planning
17 Apr 5AM 15 min

New Car Sales Surge Despite Fuel Price Pain

South Africans are buying cars at the fastest pace in a decade — even as fuel prices soar. BrandMapp’s Brandon de Kock explains the behavioural trends behind the surge and why Millennials are driving demand
15 Apr 5PM 12 min