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South Africa: Basani Maluleke, CEO African Bank, on departure

Malaise at African Bank. It is not surprising that the 6th South African bank SA has some difficulties in this difficult economic environment, made worse by the Covid-19 pandemic, in particular with lockdowns and job losses. But, when Basani Maluleke, CEO of African Bank since April 2018, suddenly announces, the day before the presentation of the annual results and in the midst of a complex turnaround in activity, that she will resign next April. to pursue other « career opportunities », one wonders …

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