Denker Capital's Kokkie Kooyman on FNB's good news update, implications for other banks

Africa's most valuable financial services group, First Rand, today announced in a voluntary trading update that conditions have unexpectedly improved to the extent that it has reversed billions set aside to meet anticipated lickdown-related losses. In this podcast our go-to man on the sector, Denker Capital's Kokkie Kooyman, helps investors put the news in perspective - for FirstRand itself and other JSE-listed banking stocks. Learn more about your ad choices. Visit megaphone.fm/adchoices