TymeBank’s Cheslyn Jacobs slams fee-heavy banking model

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TymeBank Chief Commercial Officer Cheslyn Jacobs has criticised South African lenders for their continued reliance on banking fees, arguing that the model is unsustainable in the long term.

Speaking with Business Day acting editor Tiisetso Motsoeneng, Jacobs positioned the app-only, Patrice Motsepe-backed bank as a challenger to the status quo.

Business Day Spotlight is a MultimediaLIVE production. Produced by Demi Buzo.

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10 Apr 2025 English South Africa Business News · News

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