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BNP Paribas confirms exit from South Africa amid European banking retreat; SAB records double digit growth for their Q1 financial results

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BNP Paribas has closed its South African corporate and investment bank, mirroring European banks' broader retreat from the continent. Following suit, Barclays, Standard Chartered, and Societe Generale are also downsizing. Kokkie Kooyman, executive director & portfolio manager at Denker Capital discusses whether this trend creates opportunities for pan-African banking groups to expand, fostering competition and benefiting local sectors.



Richard (Boris) Rivett-Carnac, CEO at SAB discusses their stellar results for the first quarter of 2024 with host Ray White. Boris also takes Ray through beer consumption trends in South Africa. 



In Business Unusual, Graeme Codrington, futurist and partner at TomorrowToday explains how plants and bacteria are being harnessed to revolutionise mining practices. From plants that naturally accumulate rare metals to bacteria that produce hydrogen from old oil wells, these eco-friendly solutions offer a pathway to meeting resource demands while minimising environmental impact.

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