Billionaire Patrice Motsepe pledges R3.5bn towards SA’s land reform programme. They are targeting Capitec's clientele with low fees and simplified banking. By Cecil Motsepe - 07 October 2009 - 02:00 'CLAIMING': Tshepo Barnabas Edward Lekganyane Junior says the ZCC leader is his father. The partnership between a bank owned by billionaire Patrice Motsepe and the influential Zion Christian Church could be a way for TymeBank to rapidly increase the number of its clients and compete with some of the country's biggest banks.A banking analyst said this after TymeBank, founded a year ago and a subsidiary of Motsepe's Arican Rainbow Capital (ARC), this week announced it has entered into a partnership with the ZCC to offer bank products to the church's members.The partnership could come as a welcome boost for the fledgling digital bank which in its first 10 months of operation has managed to sign up one million clients though it does not have branches.Gryphon's banking analyst Casparus Treurnicht said: "TymeBank is trying to reach a lot of people quickly. "My question is, however, are these profitable clients? The bishop used this to delay submitting himself for DNA testing.But yesterday the ZCC leader drove himself into the offices of the National Health Laboratory Services in Braamfontein, Johannesburg, accompanied by his wife Elizabeth. She stole me from my mom and brought me up as her own son." Would you like to comment on this article or view other readers' comments? By partnering with organisations like these they can accumulate a big membership very quickly.
"A media statement of the partnership launch, announced at a special ceremony in ZCC headquarters Moria, Limpopo, and attended by the leadership of the church, said that ZCC members would be offered an opportunity to take up the Zion City Moria (ZCM) membership card. Patrice Motsepe has an estimated net worth of 2.1 billion USD. Among the questions now being asked are why Ramaphosa’s brother-in-law, Patrice Motsepe, and Motsepe’s business delegation were spotted in … December 3, 2018. 0. Register (it’s quick and free) or sign in now. /SUPPLIED © 2020 Arena Holdings (Pty) Ltd. All rights reserved. "In my opinion the relationship between Tymebank and Boxer/Pick n Pay is already attracting a lot of clients. © 2020 Arena Holdings (Pty) Ltd. All rights reserved. The DNA results will be presented in court next month. He is seen here at his modest Orange Farm home. It'll be interesting to see if clients get rid of a Capitec account and only pursue TymeBank going forward. Although the two are staying together, he claimed his biological mother was Elizabeth, the bishop's wife.He told Sowetan then: "Emelia (Lerata) was our nanny while I was staying in Moria (the church's headquarters outside Polokwane). Expect competition to get fierce. "With the usual rewards available to TymeBank clients [for example extra points] I don't see why churchgoers would not accept this card. He is seen here at his modest Orange Farm home. Together with wife Precious Moloi, Motsepe has three children. "This card will serve as both a membership card as well as the member's bank card," reads the media statement. ZION Christian Church leader Bishop Barnabas Lekganyane yesterday finally undertook DNA tests to determine the paternity of a man claiming to be his son.ZION Christian Church leader Bishop Barnabas Lekganyane yesterday finally undertook DNA tests to determine the paternity of a man claiming to be his son. 'CLAIMING': Tshepo Barnabas Edward Lekganyane Junior says the ZCC leader is his father. "Initially, ZCM card holders will be able to deposit and withdraw cash at any of the approximately 14,000 till points at Pick n Pay and Boxer stores nationally, as well as withdraw cash from any ATM. "Capitec better watch out. "The first phase of the partnership is a pilot, which will see a smaller group of ZCC elders taken through TymeBank's innovative kiosk-based on-boarding process, supported by newly recruited and trained Zetnet agents. Often when a black man excels, there's always a story to belittle him.