Why Coronation has added Absa to flagship fund
While the market remains cautious, it's backing new CEO Kenny Fihla to turn the business around.
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While the market remains cautious, it's backing new CEO Kenny Fihla to turn the business around.
This would've needed most of its top 10 shareholders to vote against it.
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.