African Bank Group celebrates 50 years with 15% Profit Growth.

Loading player...
GUEST – Kennedy Bungane – CEO of African Bank

We are joined in studio by Kennedy Bungane, CEO of African Bank Group, as the institution marks its 50th anniversary with a solid set of interim results and continued strategic momentum.



For the six months ending 31 March 2025, African Bank reported a 15% increase in net profit after tax to R202 million, driven by strong execution of its Excelerate strategy. The results underscore the Group’s successful evolution into a fully-fledged, diversified banking institution, now serving over 6.1 million customers across personal and business segments
26 May 2025 4PM English South Africa Business News · Investing

Other recent episodes

Getting your credit life in check and make 2026 the year of smarter credit choices.

GUEST – Jaco van Jaarsveldt, Chief Strategy & Innovation Officer at Experian South Africa’s credit landscape just offered a rare glimmer of hope: a 14% year-on-year improvement in default rates according to Experian’s latest Consumer Default Index (CDI). However, this seemingly positive statistic is a deceptive illusion, stemming more from…
13 Jan 3PM 16 min

ALLAN GRAY: Investing for your child’s education.

GUEST – Shaheed Mohamed, Head of Group Savings and Investments at Allan Gray January marks the start of the school year in South Africa, and for many parents, the rising cost of education is top of mind. Education is one of the most significant financial commitments parents will make, yet…
13 Jan 3PM 15 min

Discovery Health to cover costs of claims overpayments.

GUEST - Dr Ron Whelan, CEO of Discovery Health Discovery Health has moved to reassure members after identifying a claims system error that led to the overpayment of certain Above Threshold Benefit (ATB) claims during 2025. In a decisive move, the administrator has confirmed it will absorb the full cost…
13 Jan 3PM 11 min