Mail & Guardian
Mail & Guardian
absiplatest news & developments
Rands and sense: African Bank chief executive Kennedy Bungane says it is on target to realise its aim of being a broad-based black bank, set out nearly 60 years ago. (Delwyn Verasamy/M&G)
ABSIP

Black ownership in banking sector remains low

African Bank’s open listing offers a good example of how direct black ownership in the financial services sector can rise above the stubborn 25% minimum agreed upon by the…

  • Polo Leteka-Radebe
7 min read
ABSA

Absa chief executive resigns due to differences with board on future strategy

Activist group warns of a ‘culling trend’ affecting black professionals in top positions

  • Tunicia Phillips
4 min read