BizNews BizNews Radio

Grindrod Bank CEO on why merging with African Bank wasn’t a shotgun wedding - will it last?

Loading player...
African Bank has bought Grindrod Bank for R1.5bn, and if you understand the players in the banking sector, you’ll know that this merger doesn’t necessarily make sense on face value. The two banks could not be further apart in their business models: one focused on unsecured lending in the retail sector, and the other a specialised corporate and investment bank. We chat to David Polkinghorne, Grindrod Bank CEO, in this interview as he takes us on the journey. What we thought may have been a shotgun wedding turns out to be a measured approach to what we hope will be a sustainable marriage. Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Jun 2022 5AM English South Africa Investing · Business News

Other recent episodes

Jacques Broodryk - AfriForum goes after the elusive Guptas…

AfriForum has asked the National Director of Public Prosecutions, Advocate Andy Mothibi, for an urgent update on the much delayed extradition of the Guptas who allegedly benefited from State Capture to the tune of between R50 and R70 billion. In this interview with Chris Steyn, Jacques Broodryk, AfriForum’s Chief Spokesperson:…
21 May 5AM 9 min

BN Daybreak - Thu 21 May 2026: Nvidia; SpaceX; Anthropic; Fed Hikes; Oil Shock; SA Infrastructure; Hartley on BRICS

In today's BizNews Daybreak, Nvidia delivers an upbeat sales forecast and multi-billion-dollar buyback plan, while SpaceX prepares for the world’s largest ever IPO. Meanwhile, Anthropic reports surging Claude revenue, and Fed minutes signal potential interest rate hikes. In global affairs, Middle East tensions cause oil market volatility, raising economic risks…
20 May 11PM 12 min

George Glynos - The Rand's Reckoning

The South African rand looks resilient - but George Glynos warns that appearances are dangerously deceiving. In this interview with Irakli, ETM Analytics Co-Founder and Head of Research lays out exactly why the risks are building asymmetrically against the rand - and why complacency could prove costly. On the scale…
20 May 10AM 11 min

Accretiv doubles down on US industrial property | Webinar

Martin Freeman and Justin Clarke unpack why US industrial real estate — particularly “shallow bay” facilities linked to manufacturing and logistics — is emerging as a standout opportunity. They discuss the impact of AI-driven data centre investment, America’s onshoring push, interest rate dynamics, and Accretiv’s latest Alabama acquisition tied to…
20 May 10AM 42 min
All episodes