The Monocle Banking Podcast

Ep 98: Offshore Oil and the Future of SA’s Energy Mix - Niall Kramer

This week, Michael Avery was joined by Niall Kramer, the newly appointed national spokesperson for the Offshore Petroleum Association of South Africa (OPASA), to unpack the country’s high-stakes push for offshore oil and gas exploration - a move hailed by some as a pathway to jobs and energy security, and criticised by others as a step backwards for climate action. They explored what’s driving the renewed interest in offshore drilling, the potential economic upside, and the environmental and legal challenges that sit at the heart of the debate.

Ep 97: Leadership Imperatives for Turbulent Times - David Bach

In this episode, Professor David Bach of IMD Business School sat down with Michael Avery to take a compelling look at the leadership capabilities CEOs need to navigate today’s new era of complexity. From geopolitical fragmentation and the rapid advance of AI to shifting trade dynamics and climate pressures, they unpacked how these forces are rewriting strategic priorities for CEOs worldwide. The conversation also examined Africa’s rising strategic importance and what these changes mean for markets like South Africa.

Ep 96: Beyond the Branch: How Tech Is Reshaping Banking - Mutsa Chironga

To unpack the fast-shifting world of retail banking in South Africa, Michael Avery sat down with Mutsa Chironga, Managing Executive, Personal Banking at Nedbank. Mutsa shared how customer behaviour, data, and AI are reshaping the industry and offered insights into how convergence across retail, telco, and mobility could redefine banking by 2026.

Ep 95: Breaking the Spell: Questioning the Narratives That Shape Our World - David Buckham

Following the release of The Spell, David Buckham joined Michael Avery to unpack the book’s key themes. Drawing on examples like Saudi Arabia’s Project NEOM and the global AI race, David explained how powerful narratives reveal the dangers of unchecked power, complicit institutions, and belief systems masquerading as progress.

Ep 94: Measuring Progress: How African Markets Are Maturing - Jeff Gable & Precious Dube

In this episode, Michael Avery spoke with Jeff Gable, Chief Economist at Absa, and Precious Dube, Macroeconomist for Broader Africa at RMB, about the ninth annual Absa Africa Financial Markets Index, which measures financial market maturity across 29 African nations.
They discussed Africa’s growing financial resilience, progress in market reforms, and the continent’s shift from aid dependency to investment-led growth. Through examples across key economies, the conversation highlighted how reform, innovation, and regional collaboration are shaping Africa’s economic future.

Ep 93: From Insight to Impact: Data as a Strategic Force in Banking - Prashant Rijhumal

To understand what it really takes to make data a strategic asset, Michael Avery was joined by Prashant Rijhumal, Chief Data & Analytics Officer at RMB.
They unpacked the changing relationship between data, human judgment, and AI - exploring how automation, predictive insights, and ethical governance are redefining decision-making in investment banking.
Prashant also shared practical lessons and a forward-looking view on how data leaders can bridge the gap between information and impact.

Ep 92: Funding the Transition: Building South Africa’s Green Pipeline - Nunu Ngoasheng

In this episode, Michael Avery is joined by Nunu Ngoasheng, Lead of South Africa’s Just Energy Transition (JET) Funding Platform, to discuss how her team is making sure climate finance reaches the communities that need it most. Nunu explains how the platform connects funders with grassroots projects and tackles barriers facing local enterprises. She also shares plans for a pooled funding model that unites investors and philanthropies to better support community-driven climate solutions — a step toward making South Africa’s energy transition truly “just”.

Ep 91: From Risk to Resilience: African Banks and the Climate Imperative - Yaseen Lockhat

Africa is warming faster than the rest of the world, making climate risk not only a major financial challenge but also a growing opportunity for the continent’s banking sector. Michael Avery speaks with Yaseen Lockhat, Senior Specialist in Sustainable Finance at the Banking Association of South Africa (BASA), about how this reality is pushing banks to adjust traditional risk models, data systems, and lending practices. The discussion highlights how African banks are evolving their approach to sustainability - turning climate challenges into opportunities for growth, resilience, and long-term impact.