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LATEST NEWS FOR Nedbank Ltd.  

Nedbank Ltd. (‘Nedbank’ or ‘the company’) is a registered bank that, through its subsidiaries, provides a wide range of banking and financial services. Nedbank maintains a primary listing of its non-redeemable, non-cumulative, non-participati... [more info]

ARM to restructure empowerment trust

16 Feb 2016 /  Prinesha Naidoo  
Mining company to repurchase shares from empowerment trust and refinance debt.

Recognising the dealmakers of 2015

12 Feb 2016 /  Marylou Greig  
Meet the corporate finance executives on the shortlist.

Business leaders urge Zuma to sell state assets

UPDATE
11 Feb 2016 /  Renee Bonorchis, Bloomberg  
In bid to boost ailing economy.

Rand slides, stocks snap three days of gains

8 Feb 2016 /  Reuters  
Illovo Sugar jumps on buy-out plans.

Zuma courts CEOs as SA risks junk rating, recession

8 Feb 2016 /  Paul Vecchiatto, Amogelang Mbatha and Mike Cohen, Bloomberg   3
Seeking advice on ways to shore up the economy.

Gordhan meets business leaders

1 Feb 2016 /  Rene Vollgraaff, Renee Bonorchis and Loni Prinsloo, Bloomberg   3
As South Africa junk rating looms.

Banking jobs at risk in slowing SA, says finance union

29 Jan 2016 /  Renee Bonorchis, Bloomberg  
Banks may reduce staff to counter expected pressure on the top line.

Rising recession risk tightens Reserve Bank bind

28 Jan 2016 /  Mike Cohen and Sarina Yoo, Bloomberg  
Central bank has to balance need to contain inflation and supporting the economy.

Markets see Sarb lifting rates by 50bps

27 Jan 2016 /  Mfuneko Toyana, Reuters  
Analysts say the central bank will want to halt weakening of currency to prevent capital outflows.

Farmers battling drought owe banks $7.5bn

15 Jan 2016 /  Renee Bonorchis, Bloomberg   1
Agricultural producers under financial and cash flow pressure.

Rand recovers from post-Fed slide

18 Dec 2015 /  Mfuneko Toyana, Reuters  
Up 0.14% to 15.21 to the dollar.

The general equity funds most exposed to local banks

15 Dec 2015 /  Patrick Cairns   3
The ride of a lifetime.

Zuma backtrack shows financial market vigilantes alive and well

14 Dec 2015 /  Lukanyo Mnyanda, Bloomberg  
Market response to Nene sacking put tremendous amount of pressure on president.

103 counters hit 52-week lows; banks continue to tank

UPDATE
11 Dec 2015 /  Ryk van Niekerk   4
Market concerned Nene’s dismissal will lead to more than one credit downgrade and cost of funding for banks will skyrocket - Wayne McCurrie.

Zuma rattles markets by firing Nene

10 Dec 2015 /  Xola Potelwa and Janice Kew, Bloomberg   3
Currency, banks, insurers, retailers and property companies drop.

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