Kokkie Kooyman - Banking analyst at Denker Capital - on the departure of Daniel Mminele from ABSA

Loading player...
Absa announced on Tuesday that CEO Daniel Mminele is leaving over non-alignment on matters of strategy and culture transformation with top executives after just 16 months at the helm. Banking analyst Kokkie Kooyman said to the BizNews Power Hour team, Mminele's departure could be linked to ABSA money market saga. Mminele is the fourth CEO in four years to lead ABSA. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Apr 2021 10AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak - Fri 12 June 2026: Trump halts Iran strikes; SA's overlooked gold fortune; PA surge; World Cup fees

In today's BizNews Daybreak: Global markets rallied after President Trump halted planned military strikes against Iran. In South Africa, the Patriotic Alliance clinched a major by-election victory in Malmesbury, weakening established parties. Meanwhile, Alec Hogg unpacked South Africa’s overlooked multi-billion rand gold mining fortune. Finally, we highlight Adobe’s executive shakeup…
11 Jun 11PM 15 min

The Daily Edge: Gold at $4,100 and SA is sitting on a fortune it can't see

Alec Hogg opens with a thesis from Merrill Lynch veteran Dr. Duarte de Silva: South Africa's abandoned gold mines and tailings dumps — written off at $300–$800/oz — are generating margins above $3,000 per ounce at today's prices. The Witwatersrand Basin still holds as much gold as has ever been…
11 Jun 7AM 19 min