Ghost Stories Ep23: Unpacking the African Bank Strategy (with CEO Kennedy Bungane)

Episode 23 October 29, 2023 00:34:24
Ghost Stories Ep23: Unpacking the African Bank Strategy (with CEO Kennedy Bungane)
Ghost Stories
Ghost Stories Ep23: Unpacking the African Bank Strategy (with CEO Kennedy Bungane)

Oct 29 2023 | 00:34:24

/

Show Notes

After I wrote critically about the pricing of African Bank’s deal to acquire two businesses out of Sasfin, the company contacted me to discuss the thinking behind the deal in more detail. I was highly impressed with the willingness to engage, especially as African Bank graciously recognised that Ghost Mail’s free-to-read format is only made possible by partners.

The bank opted to sponsor a podcast appearance by African Bank CEO Kennedy Bungane, who has been in the banking industry for over two decades. As with everything I do, a paid appearance doesn’t impact the independence of my questions and the overall approach to the show.

With the important disclosures now out of the way, I can give you a taste of what we discussed:

Of course, the proof of these acquisitions will be in the pudding. I’m grateful to be able to bring you this podcast that gives insights into how corporate M&A works and the type of thinking that goes into these transactions.

Other Episodes

Episode 9

March 22, 2023 00:37:33
Episode Cover

Ghost Stories Ep9: Why Bias is Bad For You (with Kingsley Williams of Satrix)

In the markets, we are often our own worst enemies. Bias clouds our decision making, making it difficult to take a logical and unemotional...

Listen

Episode 4

January 16, 2023 00:46:39
Episode Cover

Ghost Stories Ep4: Travis Robson (CEO: Trive South Africa)

Trive South Africa offers a gateway to the JSE and global markets. Providing an in-depth online trading experience, Trive exists to empower progression. You...

Listen

Episode 72

September 09, 2025 00:59:23
Episode Cover

Ghost Stories #72: Superbalist to Bash - from startup exits to an omnichannel masterclass at TFG

Claude Hanan and Luke Jedeikin have quite the story to tell. For roughly 15 years, they've been at the forefront of eCommerce and omnichannel...

Listen