Tag: rené van wyk
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.
Absa bank sited its retail unit in South Africa as one of the factors which saw the group increase its earnings for the first half of 2019 by 3 per cent. CNBC Africa reporter Kopano Gumbi spoke with Absa interim CEO, René van Wyk for more.