Episode 22: EFG Hermes

Welcome to the Mwango Capital Podcast where we discuss topical issues on African capital markets.In this episode, we are joined by EFG Hermes’ Managing Director - Head of Frontier Research Kato Mukuru and Associate VP - Utilities, Telcom, Oil, and Gas Silha Rasugu. We discuss banks’ performance in Sub-Saharan Africa, trends in mobile money, and regulation of digital money in Africa.Subscribe to get notified when we make a new post.Show Notes00:00:00: Introduction00:00:58: What it takes to be an analyst00:02:55: EFG Hermes’ business structure00: 04:51: SSA banks’ performance00:07:00: Trends in mobile money and digital money regulation00:17:38: How banks make money00:22:03: Banks’ huge profits and their loan provisions00:29:13: Desegregation of mobile money and telcos00:36:30: Fintechs00:43:32: Outlook on banks and key analysis ratios00:48:41: Bank regulations across Africa00:54:07: Risk-based lending00:56:13: Trends in fintech, mobile money, and neo-banks00:59:38: Working at EFG Hermes01:04:24: Resources and book recommendations Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe