Tag: Daniel Mminele

ABSA sees massive H1 headline earnings drop as COVID-19 weigh on the business

Banking group ABSA has reported a drop in interim profits impacted by its 297 per cent increase in credit impairments which resulted in an 82 per cent plunge in headline earnings and no interim or full year dividend is forecasted for 2020. ABSA CEO, Daniel Mminele joins CNBC Africa for more.

What new ABSA CEO needs to do to prosper

Former Reserve Bank Deputy Governor, Daniel Mminele is the first black CEO of South Africa's third largest bank, Absa. Mminele replaces the interim CEO, Rene van Wyk from the 15th January 2020 but what does this mean for Absa and the banking sector? Kokkie Kooyman, Portfolio Manager at Denker Capital joins CNBC Africa for more.

South African Reserve Bank’s former deputy governor, Daniel Mminele to head Absa, why this analyst believes he might not be a good fit

Speculation has been rife for months that South African Reserve Bank's (SARB's) former deputy governor Daniel Mminele would be Absa's next boss after Maria Ramos resigned last year, today it...

Mminele expected to take the reins at Absa on 15th January 2020: Source

Former South African Reserve Bank Deputy Governor, Daniel Mminele is expected to join Absa as its CEO on the 15th January 2020, according to a CNBC Africa source.

SARB Deputy Governor Daniel Mminele retires, is he headed to Absa?

Speculation has been rife since February that Absa Group is considering South African Reserve Bank deputy governor Daniel Mminele as its next CEO after Maria Ramos, left in...

Cenbank says S.African economic growth "woefully inadequate"

South Africa is struggling with high unemployment, poverty and student unrest.