Absa director resigns with immediate effect
Alpheus Mangale has resigned as an independent non-executive director of Absa, effective immediately.
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Alpheus Mangale has resigned as an independent non-executive director of Absa, effective immediately.
The Pretoria High Court last month dismissed his application for leave to appeal against a March decision by the same court, which found in Absa's favour.
Capitec has the lowest minimum pay among major banks in South Africa.
Absa’s market value currently stands at R211 billion.