Leadership change at African Bank and what it means for the sector

from Kaya Biz · host Gugulethu Mfuphi

African Bank has entered a new chapter after CEO Kennedy Bungane stepped down with immediate effect, with veteran banker Zweli Manyathi appointed to lead the lender during its next phase of consolidation. Analyst Khaya Sithole joins KayaBiz to unpack what the leadership shift could signal for the bank’s strategy, how it might affect competition in South Africa’s retail banking market, and what customers and investors should watch closely in the months ahead. Kaya FM

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This episode was published on March 9, 2026.

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