Kaya 959 Kaya Biz

Nedbank Plans To Sell Ecobank Stake As It Resets Africa Strategy

Loading player...
Guest: Mfundo Nkuhlu, Nedbank COO

Ecobank Transnational’s biggest shareholder plans to sell its stake in the pan-African lender as South Africa’s fourth-biggest bank by assets narrows its focus on the continent.
Nedbank will sell its 21.2% holding in Togo-based Ecobank, marking the end of a 17-year strategic alliance that enabled the Johannesburg-based lender to expand its footprint beyond southern Africa.
5 Aug 12PM English South Africa Business News · Investing

Other recent episodes

How Walmart Can Achieve What Makro and Game Could Not?

Guest: The Finance Ghost – Retail Analyst Why are South Africans queueing for hours to walk into a store that, on paper, looks a lot like Game did ten years ago? And more importantly what does Walmart know that Makro and Game couldn’t crack? We unpack the frenzy behind Walmart’s…
4 Dec 4PM 16 min

Woolworths’ New Bag Colour - A Masterclass in Crisis Management?

Guest: Jeremy Sampson – Executive Chairman, Brand Finance Africa What happens when a grocery bag becomes the star of a national scandal? After businessman Vusimuzi “Cat” Matlala told Parliament he used a black Woolworths shopping bag to deliver R300 000 to former police minister Bheki Cele, the internet erupted with…
4 Dec 4PM 21 min

Channel Bundling Unpacked: Why DStv Says Discovery, CNN and 10 Others May Go Dark.

Guest: Nqobile Ndlovu – Cash N Sport Research Director According media updates, DStv subscribers were hit with a shock notification this week: 12 major Warner Bros Discovery channels including Discovery Channel, CNN International, Cartoon Network and Food Network could disappear on 31 December. Behind the push alert lies a much…
4 Dec 4PM 25 min
All episodes