BANKING in Africa
2016
Nico Groenewald
The World & Banks
It’s not the size of the dog in the fight,
It’s the size of the fight in the dog.
Mark Twain
The World, Africa & Banks
$ 370bn
1/5 of the world’s largest Co’s are Banks
China houses 13 of the largest 100 banks
Our Continent - Structural Trends
Africa is our home we drive her growth
Banking & Inclusivity
Account ownership is the first step toward financial inclusion
Challenges - Opportunities
Increasing competition in Africa
Changing regulatory landscape
Global and regional banks are expanding their presence on the
continent, and the increase in non-traditional competitors is being
driven by advances in technology and, in some cases, their ability to
operate outside the ambit of financial services regulation.
The volume of new financial services regulations continues to
grow. The diverse ways in which new regulations are
promulgated within countries can lead to uncertainty
Operational challenges
Technological development
Maintaining business resilience in an environment
characterised by power and water supply constraints and a
heightened potential for adverse socio-political events due to
economic challenges, requires a constant forward-looking
approach
Building a digital financial services group needs to be managed
in a way that does not compromise system stability and client
experience. Furthermore, the value of information as an asset
makes it a potential target for cyber-attacks
Client expectations
The capabilities of new technologies – and the speed with
which they are being adopted – mean that consumers
increasingly expect highly tailored yet affordable products and
services that are available whenever they choose.
People and Culture
Employment and development of new skills, and for our people
to adapt to new ways of working.
Africa is our home we drive her growth
Introducing : Mr. Nhlanhla Musa Nene
Mr Nene holds a B.Com Honours degree in Economics from the University
of Western Cape (UWC), a Diploma in Marketing Management; an
Advanced Diploma in Economic Policy from the UWC; a Certificate in
Economic Policy from University of South Africa and a Certificate in Macro
and Micro Economics from the University of London.
Mr Nene was active in student politics since 1976. He became a labour
union shop steward and led a negotiating team for better working
conditions during the period 1990 to 1999. Between 1996-1999 he chaired
the ANC Caucus at the Ndlovo Regional Council
He worked as a regional administrative manager for the Metropolitan Life
insurance for 15 years.
He has also been co chairperson of the Joint Budget Committee from
October 2002 to August 2005, and a chairperson of the Portfolio
Committee on Finance from August 2002 to 4 November 2008. He was a
member of the local organising for the FIFA 2010 world cup.
5 December 1958
Mr Nene was appointed as Deputy Minister of Finance of the Republic of
South Africa from 5 November 2008.
None Exec Director – Allan Gray
Advisor – Thebe Investment Corp
Mr Nene served as the Minister of Finance of the Republic of South Africa
from 26 May 2014 until 09 December 2015.