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 56

February 24, 2025 00:28:57
Episode Cover

Ghost Stories #56: Don't waste the TFSA opportunity

Tax-free savings accounts (TFSA) are one of the most building blocks in any equity portfolio. The advantage of compounding tax-free returns over a long...

Listen

Episode 13

May 01, 2023 00:28:00
Episode Cover

Ghost Stories Ep13: Offshore or Offsides? Objectively Assessing Exposure with Nico Katzke (Head of Portfolio Solutions at Satrix)

In this episode of Ghost Stories, Nico Katzke (Head of Portfolio Solutions at Satrix) returns to the platform for another fantastic discussion on a...

Listen

Episode 42

July 15, 2024 00:24:59
Episode Cover

Ghost Stories #42: Utshalo wants more retail investors

Paul Miller is an ex-investment banker with extensive experience not just in the markets, but in junior mining as well. He understands how important...

Listen