TymeBank’s Cheslyn Jacobs slams fee-heavy banking model

10/04/2025 52 min
TymeBank’s Cheslyn Jacobs slams fee-heavy banking model

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Episode Synopsis

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.