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.

Fixing SA’s water crisis – why private capital must be part of the solution
Public-private partnerships in the water sector: Chito Siame, Head: Private Equity at Mergence Investment Managers, examines the need for private