President Cyril Ramaphosa met with business leaders as concern over South Africa’s multiple crises grows.
Browsing: Daniel Mminele
The UK is considering guaranteeing at least $1-billion of South African debt as part of a deal designed to cut the nation’s reliance on coal.
South Africa will need to attract investment of R224-billion if it’s to develop a substantial green hydrogen industry, the head of government’s climate finance task team said.
South Africa’s planned $8.5-billion climate finance deal could serve as a blueprint for other coal-dependent countries, the head of its negotiating team said.
Absa has appointed long-serving executive Arrie Rautenbach as its new CEO, replacing Daniel Mminele, who resigned last year after clashing with the banking group’s board.
Absa Group CEO Daniel Mminele has stepped down, the bank said on Tuesday, a shock departure just 15 months into his post that sent shares in one of Africa’s biggest lenders down as much as 5%.