🎙 Market update: Banking and mining in focus

• Absa appoints Kenny Fihla as CEO – A move expected to bring much-needed stability and leadership clarity.
• Thungela Resources’ results – Despite a 27% drop in earnings due to weaker coal prices, the company remains resilient with strong dividends and improved export prospects.
• Transnet’s rail performance – Notable improvements have strengthened South Africa’s mining outlook.

🎧 Head of Responsible Investment Research Tana Mongwe unpacks these key developments.

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