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 61

May 06, 2025 00:37:26
Episode Cover

Ghost Stories #61: A day in the life of a portfolio manager (Lauren Jacobs at Satrix)

Ever wondered how the nuts and bolts of ETFs work? What goes into index tracking and making sure that it is achieved at the...

Listen

Episode 21

September 27, 2023 00:34:25
Episode Cover

Ghost Stories Ep21: 2023 ETF Scorecard (with Siyabulela Nomoyi of Satrix)

The universe of Exchange Traded Funds (ETFs) is broad, offering investors many different ways to invest in the market. Not only are there various...

Listen

Episode 2

July 13, 2022 00:47:54
Episode Cover

Ghost Stories Ep2: Justin Clarke (OrbVest)

At times when global markets are falling, inflation is rising and there are no clear signals on whether to buy or sell – like...

Listen