The test facing new Capitec CEO Graham Lee

The test facing new Capitec CEO Graham Lee

Newly appointed Capitec CEO Graham Lee. Image: Capitec The newly appointed CEO of South Africa’s biggest bank by customers has a unique problem on his hands. Since Capitec Bank — South Africa’s first-ever challenger bank — made its public debut 23 years ago, its shares have soared by more than 200 000%. That’s made it the…

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Africa: Facing Debt, Donor Retreat, Africa Needs United Response – UN Warns

Africa: Facing Debt, Donor Retreat, Africa Needs United Response – UN Warns

ADDIS ABABA- The United Nations Economic Commission for Africa (UNECA) suggested African countries to strengthen their economic diplomacy in home-grown expertise and credible evidence as debt crisis and donor retreat intensifies. In a briefing to the Africa Group of ambassadors at United Nations (UN) headquarters, the Economic Commission for Africa (ECA), Executive Secretary Claver Gatete…

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