Commenting on the retirement of longstanding Capitec CEO Gerrie Fourie and his replacement by Graham Lee, Radebe Sipamla, co-portfolio manager at Mergence Investment Managers, said that the succession was in line with the group’s plans and should continue the strong growth momentum and drive the customer-centric culture at the bank. Nonetheless, there is work to be done in terms of transformation and promoting black talent to leadership roles.

MTN Irans’s woes deepen with CEO ousted over shutdown delay
Commenting on Bloomberg on MTN’s operations in Iran, Peter Takaendesa, CIO of Mergence Investment Managers, highlights that MTN’s problems in




































