This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

African Bank Group celebrates 50 years with 15% Profit Growth.

Loading player...

GUEST – Kennedy Bungane – CEO of African Bank

We are joined in studio by Kennedy Bungane, CEO of African Bank Group, as the institution marks its 50th anniversary with a solid set of interim results and continued strategic momentum.

For the six months ending 31 March 2025, African Bank reported a 15% increase in net profit after tax to R202 million, driven by strong execution of its Excelerate strategy. The results underscore the Group’s successful evolution into a fully-fledged, diversified banking institution, now serving over 6.1 million customers across personal and business segments

26 May 2025 4PM English South Africa Business News · Investing

Other recent episodes

EXPLAINER - Why some sports stars are worth more than companies.

An 18-year-old footballer valued at more than R6 billion has reignited a global debate: how do we really put a price on modern sports stars? Following a new long-term contract at Barcelona, teenage sensation Lamine Yamal has been named the world’s most valuable footballer — outranking established global icons and…

15 Jan 3PM 22 min

Why central bank independence matters.

GUEST – Prof Jannie Rossouw - Honorary professor at Wits Business School and economist at Altitude Wealth Central bank independence refers to a central bank’s ability to formulate and implement monetary policy - such as setting interest rates and managing liquidity - without direct control or interference from the political…

15 Jan 3PM 19 min

INSIDE YOUR POCKET: Fraudsters remain active as South Africans face new year financial pressures.

GUEST – Manie van Schalkwyk - CEO of the Southern African Fraud Prevention Service (SAFPS). As South Africans return from the festive season with renewed energy, many households are confronted with the financial realities of a new year. For thousands of families, the beginning of the year is marked by…

15 Jan 3PM 12 min

BAT shuts its only SA factory: What the illicit cigarette trade is costing jobs, industry and the fiscus.

GUEST - Johnny Moloto, Head of Corporate & Regulatory Affairs at BAT Sub-Saharan Africa, British American Tobacco has announced it will shut down its only manufacturing plant in South Africa, ending more than 50 years of local cigarette production as illegal cigarettes flood the market and overwhelm legitimate players. The…

15 Jan 3PM 15 min

South Africa at Davos 2026: The Investment Message SA Is Taking to the World.

GUEST - Neville Matjie, CEO of Brand South Africa As global leaders gather in Davos under the theme “A Spirit of Dialogue”, South Africa is stepping onto one of the world’s most influential stages to make its investment case amid heightened geopolitical tension, economic uncertainty and rapid technological change. With…

15 Jan 3PM 10 min

All episodes