SA Retail and Business Banking boosts Absa

Absa Groups reported a 3% rise in earnings for the first half of this year while income and costs both grew by 6% - its largest business unit, Retail and Business Banking SA has done the heavy lifting showing faster than market growth in key product areas. Business Day TV caught up with the company's Group CEO, René van Wyk and before to talk about why the company remains so tight lipped about who will taking over the reigns in steering the strategy of Absa as an independent African Banking group.