Absa must walk the transformation treadmill

23 June 2024 - 00:00 By Polo Leteka-Radebe

More than seven years ago, Ezra Davids and Xolani Ntamane of Bowmans published an article reflecting on shareholder rights and activism in South Africa. In the preface, they observed that shareholder activism was on the rise in South Africa, which mirrored the trend observed across the world. Prior to that, and no doubt influenced by the country's unique historical context, the type of activism that was common was from “interested parties such as trade unions”...

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