Kaya 959 Kaya Biz

In conversation with Clarence Nethengwe, the newly appointed CEO of OM Bank.

Loading player...
We are in conversation with Clarence Nethengwe, the newly appointed CEO of OM Bank, the digital-first bank under Old Mutual's umbrella. Clarence shares the exciting vision for OM Bank, a game-changing approach to banking that aims to revolutionize the customer experience in South Africa. From its roots in Old Mutual Finance to the long-awaited rollout in 2025, Clarence takes us through OM Bank's innovative features, including its no-physical-ATM approach, user-centric app, and focus on serving underserved communities.

Clarence also opens up about his personal motivation behind championing digital banking, reflecting on an experience that reshaped his view on customer dignity. He dives into the strategic decisions that led to the creation of OM Bank, its target audience, and the future expansion plans, including the potential to offer home loans and business banking down the road. Join us as we explore the future of digital banking and how OM Bank plans to compete in a crowded market with its bold, customer-first approach.
30 Jan 2025 9AM English South Africa Business News · Investing

Other recent episodes

Mine 2026: The New Battleground for Global Mining

PwC’s Mine 2026 report shows miners posting record profits — yet facing unprecedented structural pressures. Energy Utilities and Resource Assurance Partner Vuyiswa Khutlang breaks down the three imperatives reshaping mining: policy stability, capital mobilisation, and technology‑driven productivity. We explore copper’s surge, coal’s decline, selective M&A, and why geology alone no…
29 Jun 2PM 16 min

How Middle East Shocks Hit Africa’s Politics & Economy

The Middle East ceasefire may hold — or unravel. Either way, Africa is already feeling the tremors. Political analyst Jervin Naidoo maps how geopolitical shocks strain fiscal balances, fuel inflation, election stability, capital flows and sovereign risk premiums across the continent. A deep dive into Africa’s political vulnerability and the…
29 Jun 2PM 18 min

R316 Million for Impact: How E Squared Is Rewiring Entrepreneurship

E Squared’s 2025 Impact Report showcases a powerful model of patient capital, responsible entrepreneurship and transformation-driven investing. CEO Gladwyn Leeuw explains the shift to “lives meaningfully improved", the pipeline‑to‑scale approach, backing Black and female founders, and building businesses that endure — all while delivering commercial and social returns.
29 Jun 2PM 14 min

Inside Siyakhokha: How Ekurhuleni Is Modernising Municipal Payments

Ekurhuleni’s finances — and its ability to deliver reliable services — depend on a strong partnership with residents. MMC for Finance Alderman Jongizizwe Dlabathi explains how the City’s Siyakhokha platform is transforming municipal payments through convenience, security and digital efficiency. From registering online to logging queries and making payment arrangements,…
25 Jun 1PM 15 min

African Bank sees R624mn half-year loss, Capital ratio 25.8% keeps ops standing

African Bank has entered a new chapter shifting from years of acquisitive expansion to a disciplined phase of consolidation. Interim Group CEO Zweli Manyathi breaks down the R624m loss, the credit environment, cost‑to‑income pressures, and the bank’s strategy to unlock value from its diversified platform.
25 Jun 1PM 21 min
All episodes