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

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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.

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