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Industry Perspectives

Stay informed with the latest news, thought leadership, and insights from across the financial services sector.

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Press Statement -  ABSIP Financial Services Sector Awards 2025Press Release
Featured

Press Statement - ABSIP Financial Services Sector Awards 2025

ABSIP successfully hosted the prestigious ABSIP Financial Services Sector Awards 2025 on 27 November at the Sandton Convention Centre. The landmark event celebrated exceptional achievement, transformation, and ethical leadership within the financial services industry, while concurrently marking the organisation’s significant 30th Anniversary.

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SOME INFLATION IS GOOD
ABSIP Opinion Pieces
May 02, 20255 min read

SOME INFLATION IS GOOD

On the 27th – 28th of March 2025, the South African Reserve Bank (SARB) hosted its Biennial Research Conference under the theme “25 years of Inflation Targeting: Lessons for the Future”.

NNdumiso Kubheka
Call for Input: Draft Transformation Fund Concept – Deadline Extended to 21 May 2025
Press Release
Apr 29, 20255 min read

Call for Input: Draft Transformation Fund Concept – Deadline Extended to 21 May 2025

Call for Input: Draft Transformation Fund Concept – Deadline Extended to 21 May 2025

PPolo Leteka
Call for Input: DTIC’s Draft Transformation Fund Concept Document
Press Release
Apr 11, 20255 min read

Call for Input: DTIC’s Draft Transformation Fund Concept Document

The Department of Trade, Industry and Competition (the DTIC) has published a draft Transformation Fund Concept Document for public comment. As a collective of industry professionals and business leaders committed to advancing economic empowerment, ABSIP invites you to contribute your insights to help shape this crucial national initiative.

PPolo Leteka
ABSIP Annual General Meeting 2025 - Registration Open
Mar 18, 20255 min read

ABSIP Annual General Meeting 2025 - Registration Open

ABSIP hereby notifies and invites you to the 2024/5 Annual General Meeting (AGM). The purpose of the meeting is for the National Executive Committee to engage the membership on matters relating to finances, operations, and governance.

PPolo Leteka
ABSIP 2024 Financial Services Sector Awards
ABSIP Newsletter
Dec 03, 20245 min read

ABSIP 2024 Financial Services Sector Awards

ABSIP successfully hosted its 2024 Financial Services Sector Awards ceremony on 28 November, 2024. The event exuded a lively atmosphere, attracting an impressive gathering of esteemed delegates, including financial services industry leaders, sponsors from various banking and investment sectors, and dedicated ABSIP members.

PPolo Leteka
ABSIP Financial Services Awards 2024 - Nominations are now open!
Press Release
Oct 08, 20245 min read

ABSIP Financial Services Awards 2024 - Nominations are now open!

We are thrilled to announce that nominations for the prestigious ABSIP Financial Services Awards 2024 are now open! This is your chance to spotlight the exceptional individuals and organisations that have demonstrated excellence and innovation in our ever-evolving financial services industry.

AABSIP National
ABSIP hosts Youth Economic Indaba 2024
ABSIP Newsletter
Jul 05, 20245 min read

ABSIP hosts Youth Economic Indaba 2024

The Association of Black Securities and Investment Professionals (ABSIP) hosted the Youth Economic Indaba 2024 at the Sanlam Sandton Auditorium, a significant event designed for young investment professionals and university students. ABSIP, a key platform addressing the underrepresentation of black professionals in the securities and investment industry, facilitates a space for exchanging ideas and information among black professionals.

AABSIP National
Dr Sam Motsuenyane: A legacy.
Press Release
May 03, 20245 min read

Dr Sam Motsuenyane: A legacy.

As ABSIP, we have taken guidance from Dr Motsuenyane’s leadership lessons over the past 29 years as we have sought to play our role in driving meaningful transformation in the financial services sector. As the champion of access and inclusion in financial services that was firstly ushered in through the creation of African Bank, Dr Motsuenyane has served as the lodestar for ABSIP.

PPolo Leteka
AWIF new leadership to give platform for more female voices
ABSIP Opinion Pieces
Mar 08, 20245 min read

AWIF new leadership to give platform for more female voices

“We have work to do and we are removing barriers to entry.” As the global community of women prepare to celebrate International Women’s Day (“IWD”) on 8 March 2024, this is the message from ABSIP Women in Focus (AWIF) leadership, Mbali Phejaolema and Khanyisa Phika, who are the organisation’s newly-appointed Chairperson and Vice-Chairperson, respectively.

KKhanyisa Phika
ABSIP AWARDS 2023
Press Release
Nov 20, 20235 min read

ABSIP AWARDS 2023

The Association of Black Securities & Investment Professionals (ABSIP) held its 2023 ABSIP Financial Services Sector Awards ceremony on 16th November 2023 with a rather jovial atmosphere and exciting turn-up of our esteemed delegates. Amongst the delegates was our patron, the Honourable Deputy Minister of Finance (Dr David Masondo), Financial Industry leaders consisting of our continued sponsors from various banking and investments financial sectors and our loyal ABSIP members.

AABSIP National
CEO Roundtable - Ninety One
Reports & Contributions
Jul 17, 20235 min read

CEO Roundtable - Ninety One

ABSIP President - Polo Leteka Radebe chats to Ninety One Founder and CEO Hendrick Du Toit about his mission to make a difference in South Africa and shares his learning from his experience in the financial services industry as well as his views on diversity, inclusion, and social responsibility.

TThulebona Mhlanga
ABSIP call for submissions or employment equity amendment bill
Press Release
Apr 18, 20235 min read

ABSIP call for submissions or employment equity amendment bill

We hope this message finds you well. ABSIP is reaching out to our valued members in response to the recent signing of the Employment Equity Amendment Bill by President Cyril Ramaphosa. We are concerned that this new legislation may undermine the progress that the sector has made on transformation and hinder our collective efforts to achieve diversity, inclusivity, and equity.

Are the governments plans to curb youth unemployment bearing fruit
ABSIP Opinion Pieces
Mar 09, 20235 min read

Are the governments plans to curb youth unemployment bearing fruit

All eyes were on the Minister of Finance on the 22nd of February 2023, as he presented the Budget statement for 2023/24. Given the developments of the past 12 months where loadshedding has been more persistent than ever before, it was no surprise that Eskom was top of mind. The energy crisis has worsened with constant loadshedding as Eskom continues to experience breakdowns on its plants and new capacity is yet to be unleashed at a scale that covers for the gaps created by the persistent breakdowns in the current Eskom fleet.

ZZintle Twala
Opinion 2023 national budget thriving under pressure
Press Release
Mar 01, 20235 min read

Opinion 2023 national budget thriving under pressure

2023 National Budget - Thriving under pressure by Khanyisa Phika and Lebogang Thobakgale. The phrase ‘thriving under pressure’ is one that many South Africans are familiar with. It reflects the resilience one needs to withstand stress and come out stronger on the other side. The 2023 National Budget presented by Finance Minister Enoch Godongwana on the 22nd of February 2023 once against illustrated the longstanding sense of lethargy that sees the government waiting for critical matters to get extremely bad before addressing them.

KKhanyisa Phika
2023 National budget thriving under pressure
Press Release
Mar 01, 20235 min read

2023 National budget thriving under pressure

2023 National Budget - Thriving under pressure by Khanyisa Phika and Lebogang Thobakgale. The phrase ‘thriving under pressure’ is one that many South Africans are familiar with. It reflects the resilience one needs to withstand stress and come out stronger on the other side. The 2023 National Budget presented by Finance Minister Enoch Godongwana on the 22nd of February 2023 once against illustrated the longstanding sense of lethargy that sees the government waiting for critical matters to get extremely bad before addressing them.

KKhanyisa Phika
ABSIP awards 2022 winners
Press Release
Nov 16, 20225 min read

ABSIP awards 2022 winners

The Association of Black Securities and Investment Professionals (ABSIP) held its 21st installment of the ABSIP Financial Services Sector Awards on the 3rd of November 2022 at the Investec headquarters in Sandton. The awards were a celebration of black excellence and emerging talent in the financial services sector.  The National Executive Council of ABSIP wishes to congratulate all the nominees and winners and also acknowledge the successful execution of the awards.

PPolo Leteka
Reflections on complex leadership transitions
ABSIP Opinion Pieces
Oct 25, 20225 min read

Reflections on complex leadership transitions

Being a leader in a large public interest organisation comes with both privileges and responsibility. In the South African context, the essence of leadership encompasses an ability to manage the multiple contestations and conflicts that underpin much of our critical institutions. During our recent past, the leadership profile of such organisations predictably reflected the underlying political structure of the country. The elevation of individuals into leadership positions, was an intersection of exclusionary practices, denial of opportunities, and the widespread influence of particular social networks. Such practices, resulted in white males occupying a dominant space in leadership structures that remains evident today, in spite of the abolition of formalized manifestations of discrimination.

PPolo Leteka
ABSIP 2022 financial services sector awards
Press Release
Oct 11, 20225 min read

ABSIP 2022 financial services sector awards

JOHANNESBURG, 11 OCTOBER, The Association of Black Securities and Investment Professionals (ABSIP) invites key stakeholders, partners and members to the ABSIP 2022 Financial Services Sector awards on the 3rd of November 2022 in Johannesburg.

PPolo Leteka
AlexForbes transformation policy
Reports & Contributions
Jun 02, 20225 min read

AlexForbes transformation policy

Our transformation policy applies to the operations and decision-making of Alexander Forbes Investments Limited, including the investment committee, the investments advisory team and the investment team. This policy considers transformation aspects across three core themes: advice, investments and operations.

AABSIP reports
A step in the right direction
ABSIP Opinion Pieces
May 10, 20225 min read

A step in the right direction

This week, the Standard Bank group announced the appointment of Nonkululeko Nyembezi as the chairman-designate for the boards of Standard Bank and the Standard Bank Group, effective from June 2022.

PPolo Leteka
ABSIP newsletter march 2022
ABSIP Newsletter
Apr 05, 20225 min read

ABSIP newsletter march 2022

We compose this newsletter at the time when we are wrapping up the first quarter of the year and, as such, have started taking stock of what we have achieved as an organisation to date in comparison to our plans. This is also an opportune time for us to reflect on the societal developments in general in the country. One important observation in our view pertains to the academic sector and the institutions of higher learning in particular.

PPolo Leteka
How does absa keep getting transformation so wrong
ABSIP Opinion Pieces
Apr 03, 20225 min read

How does absa keep getting transformation so wrong

ABSA’s sip of Irish coffee… Twenty years ago in Parliament, the world of old and the demands of the future converged in conflict as the country debated the Mineral and Petroleum Resources Bill. The minerals sector – representing the country’s primary historical economic backbone, found itself deliberating on the question of what its future needed to look like in light of the need to facilitate substantive transformation.

PPolo Leteka
ABSIP newsletter february 2022
ABSIP Newsletter
Feb 14, 20225 min read

ABSIP newsletter february 2022

The Association of Black Securities and Investment Professionals (ABSIP) National Executive Committee (NEC), led by President Polo Leteka, held the strategy session at Sanctuary Mandela on 5th – 6th February 2022 to chart the way forward for the organisation.

PPolo Leteka
ABSIP newsletter january 2022
ABSIP Newsletter
Jan 24, 20225 min read

ABSIP newsletter january 2022

As ABSIP, we are thrilled to kick off the new year by announcing exciting technological developments, strategic partnerships, and the organisation’s plans and objectives for 2022 – all to your benefit as a valued member.

PPolo Leteka
The corporate plateau of black professionals
ABSIP Opinion Pieces
Feb 22, 20215 min read

The corporate plateau of black professionals

Over 14 years ago, a letter written by a young black intern at a prominent bank gained national attention. The substance of the letter, was a reflection on the practices in corporate South Africa that result in different treatment for employees based on the colour of their skin

PPolo Leteka
An African purge at a bank
ABSIP Opinion Pieces
Feb 15, 20215 min read

An African purge at a bank

The Sunday afternoon of 10 August 2014 lingers on in the memory of many South Africans in the financial services sector. Following the discovery of the disastrous financial state of African Bank, the Governor of the Reserve Bank – Gil Marcus –announced that the Finance Minister Nhlanhla Nene had agreed to the recommendation for the bank to be put into curatorship. The events leading to the decision, reflected a toxic mix of flawed ambition, poor oversight and weak leadership. The question of who was to blame was initially difficult to unravel.

PPolo Leteka
A leadership transition and an interruption to transformation
ABSIP Opinion Pieces
Feb 15, 20215 min read

A leadership transition and an interruption to transformation

A little over 5 years ago, as the American election campaign pitting Hilary Clinton against Donald Trump reached fever pitch, Hilary Clinton was confronted with a simple yet instrumental question. ‘Secretary Clinton, do you believe you deserve to be President because you are a woman?’ Without missing a beat, Hilary Clinton responded ‘I believe that the next American President should be chosen on merit. And one of my merits is that I am a woman.’

PPolo Leteka

ABSIP

The Association of Black Securities and Investment Professionals (ABSIP), was established in 1995 to address the apparent lack of representation of black professionals in the securities and investment industry.

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