Ep 87: Deal-Making vs. Fundraising: The Paradox of Private Equity in SA - Graham Stokoe
To unpack what’s really happening behind the numbers in South Africa’s private equity industry, Michael Avery sat down with Graham Stokoe, EY Africa’s Private Capital Leader. Despite weak fundraising in 2024, deal-making hit record levels, driven by infrastructure, energy and IT. They explore the rise of private credit, the growing influence of allocators, and the challenge of turning infrastructure needs into viable projects - while asking whether the industry can deliver both strong returns and lasting economic impact.
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Ep 86: Inside the Sanlam-Assupol Integration: Driving Value and Inclusion - Bongani Madikiza
One year after Sanlam’s landmark acquisition of Assupol, the group is entering a decisive phase of integration with big implications for South Africa’s insurance and financial services landscape.
In this episode, Michael Avery sat down with Bongani Madikiza, CEO of Sanlam Retail Mass, to unpack how this consolidation is reshaping the economics of mass-market insurance and what it means for consumer value and financial inclusion.
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26:57
Ep 85: Beyond Party Lines: Rebuilding South Africa - Moeletsi Mbeki
Can South Africa move beyond entrenched party politics to build institutions capable of real transformation? To unpack this, Michael Avery was joined by political analyst, Moeletsi Mbeki. They explored the ANC’s admission of policy shortcomings, the potential and pitfalls of a national dialogue, and the urgent need for electoral reform to strengthen accountability.
The conversation tackled the future of BEE, the rise of coalition politics, and the role of business leaders in shaping a production-driven economy.
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39:43
Ep 84: Beyond the Models: Reinsurance and the Future of Risk - Jane March
With the rising pressures of emerging risk, systemic risk and climate risk, Michael Avery was joined by Jane March, CEO of Guy Carpenter South Africa. They unpacked how extreme weather and fragile infrastructure are reshaping insurance markets. Jane shared her insights on a variety of key topics, from the use of facultative reinsurance in high-risk sectors and the potential of AI and parametric cover, to the social consequences of risk transfer and the need for a potential sovereign disaster fund in South Africa.
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24:25
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24:25
Ep 83: South Africa's Reform Promises vs. Progress - Busisiwe Mavuso
South Africa’s reform agenda is full of promises - but is it moving fast enough? Michael Avery sat down with Business Leadership SA CEO, Busisiwe Mavuso, about the new BLSA Reform Tracker, which measures nearly 240 deliverables across the economy, governance, and criminal justice. From progress on exiting the FATF greylist to stalled reforms at Eskom and Transnet, the Tracker highlights wins, bottlenecks, and the politics behind them.
The Monocle Banking Podcast, in partnership with esteemed financial journalist, Michael Avery, will explore the world of banking - beyond the vaults and virtual wallets. This weekly series will play host to some of the top minds in the banking industry from around the world.
South Africa