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Articles by Charles Russon
Absa Seeks 85% Stake in Kenya Unit With $238m Offer
Absa Group plans to spend up to about $238 million, or KSh30.9 billion, to increase its ownership of Absa Bank Kenya from 68.5% to as much as 85%. The South African lender is offering minority shareholders KSh34.50 per share for up to 895,989,600 ordinary shares through a voluntary tender offer. The proposal signals strong confidence in the Kenyan subsidiary and reinforces Absa’s wider ambition to expand in East Africa.
Africa: a testbed for 21st century economic multilateralism?
The conditions currently unsettling global cooperation are ones that African policy-makers have worked within for decades. The continent is now attempting something unprecedented: integrating 54 economies into a single market to drive industrialization, job creation and inclusive growth. If the global system continues to move through cycles of volatility, the regions that have learned to negotiate coherence under constraints will offer the most practical guidance.
Kenny Fihla is new Absa CEO
Outgoing Standard Bank South Africa CEO Kenny Fihla will be Absa’s next group CEO with effect from mid-June.
New Governments Brew Fresh UK-SA Economic Opportunities
British Prime Minister Sir Keir Starmer would have only just settled in his new chair at 10 Downing Street when, on Sunday, 7 July, he placed a call to Pretoria. It marked the first official communication between Starmer and President Cyril Ramaphosa since the South African leader's visit to the UK-SA Business Forum at Lancaster House in 2022 – a meeting that celebrated the transformative potential of trade, investment, and innovation between the two nations.
Absa CEO Arrie Rautenbach to step down
Absa Group on Monday said CEO Arrie Rautenbach will take early retirement from the company.
How Covid-19 will change the way we lead
The Covid-19 global pandemic is likely to be the one of the biggest challenges ever faced by leaders worldwide. What makes this change so exceptional is the speed of onset as well as the breadth and severity of impact. As a leader, it has been awe-inspiring and humbling to see the hard work and dedication of employees and other essential service providers. In addition to these demonstrations of leadership, how will the pandemic change the way we lead going forward?
How will Covid-19 change the way we lead?
Your Name: Your Email: Send Email To: Keep this field blank Workers will now be able to work anytime, anywhere, use their own devices and manage their own workloads. Charles Russon / 30 May 2020 11:18 How the financial sector acts now determines the future of economic recovery and ongoing investment. Image: Shutterstock The ongoing Covid-19 global pandemic is likely to be the one of the biggest challenges ever faced by leaders worldwide.
Leaders must change the way they do business in a post Covid-19 world
The Covid-19 global pandemic is likely to be one of the biggest challenges faced by leaders worldwide. What makes this change so exceptional is the speed of onset as well as the breadth and severity of impact. As a business leader, It has been awe-inspiring and humbling to see the hard work and dedication of employees and other essential service providers.
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