×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App
The Standard

South Africa’s Absa CEO leaves over strategy dispute after 15 months

By Reuters | 4yrs ago

Absa Chief Executive Daniel Mminele has stepped down, the bank said on Tuesday, a shock departure just 15 months into his post that sent shares in one of Africa's biggest lenders down as much as 5%.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902

Related Topics

British parent Barclays Absa Central Bank South Africa Absa Daniel Mminele
.

Similar Articles

Motorists to bear the brunt as pump prices jump by Sh28 per litre
Motorists to bear the brunt as pump prices jump by Sh28 per litre
The latest hike is expected to exert further pressure on the cost of living.
Business
By Mate Tongola
3 hrs ago
IMF cuts 2026 global growth forecast on Mideast war
IMF cuts 2026 global growth forecast on Mideast war
The IMF cut its 2026 global growth projection Tuesday, warning that the world economy could be "thrown off course" by war in the Middle East.
Business
By AFP
5 hrs ago
Stanchart clashes with pensioners, RBA in Sh7 billion payout battle
Stanchart clashes with pensioners, RBA in Sh7 billion payout battle
Standard Chartered Bank on Tuesday clashed with RBA and the Attorney General over the retirement benefit rules in an extension of its Sh7 billion row with its former employees.
Business
By Kamau Muthoni
6 hrs ago
Women urged to take up leadership in supply chain sector
Women urged to take up leadership in supply chain sector
Stakeholders in the procurement and supply chain sector have called for increased investment in women’s leadership, citing its critical role in driving economic growth and enhancing governance.
Business
By Patrick Beja
7 hrs ago
To unlock potential, Africa must embrace intergenerational leadership
To unlock potential, Africa must embrace intergenerational leadership
Strategic leadership renewal is key in turning Africa’s developmental gains and demographic advantage into lasting prosperity for the next generation.
Opinion
By Rumbidzai Chisenga
8 hrs ago
Why local BPO sector stands out among its regional peers
Why local BPO sector stands out among its regional peers
Kenya’s BPO sector has evolved from early infrastructure setbacks into a competitive, tech-driven industry powered by improved connectivity, talent and digital innovation.
Financial Standard
By Macharia Kamau
14 hrs ago
IMF boss warns global system not ready for AI cyber threats
IMF boss warns global system not ready for AI cyber threats
IMF Managing Director Kristalina Georgieva has warned that the global financial system is unprepared for rising AI-driven cyber threats, as concerns grow over risks to financial stability.
Financial Standard
By Brian Ngugi
14 hrs ago
State threatens to revoke licenses of 13,000 Saccos over non-compliance
State threatens to revoke licenses of 13,000 Saccos over non-compliance
The government has given 13,000 cooperatives a 21-day ultimatum to comply with financial accountability or have their licenses revoked in new reforms.
Business
By Benard Lusigi
1 day ago
Kenya tightens grip on crypto with Sh500m capital rule
Kenya tightens grip on crypto with Sh500m capital rule
Kenya plans to tighten the regulation of cryptocurrencies by requiring virtual asset service providers to meet high capital and licensing thresholds under the new VASP framework.
Business
By Graham Kajilwa
1 day ago
New law aims to protect internal auditors, strengthen public oversight
New law aims to protect internal auditors, strengthen public oversight
Kenya is on track to enact a landmark Internal Auditors Act, designed to shield the profession from litigation, and executive interference, while strengthening public-sector accountability.
Business
By Esther Dianah
2 days ago
.

Latest Stories

Motorists to bear the brunt as pump prices jump by Sh28 per litre
Motorists to bear the brunt as pump prices jump by Sh28 per litre
Business
By Mate Tongola
3 hrs ago
IMF cuts 2026 global growth forecast on Mideast war
Business
By AFP
5 hrs ago
Stanchart clashes with pensioners, RBA in Sh7 billion payout battle
Business
By Kamau Muthoni
6 hrs ago
Women urged to take up leadership in supply chain sector
Business
By Patrick Beja
7 hrs ago
.

The Standard Insider

.

Digger Classified

GET OUR NEWSLETTER

Subscribe to our newsletter and stay updated on the latest developments and special offers!

CONNECT WITH US

FOR THE LATEST JOB ADVERTS

join Digger Classifieds telegram channel
The Standard
© 2026. The Standard Group PLC. All rights reserved