Expected earnings uplift from acquisitions has taken longer to realise than anticipated

Expected earnings uplift from acquisitions has taken longer to realise than anticipated

African Bank faces a R624 million loss for the six months to March 2026, driven by transformation costs and integration challenges. Interim CEO Zweli Manyathi outlines strategies…

African Bank says the costs of reshaping its business and integrating recent acquisitions pushed it to a R624 million interim loss.