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Tag: Nedbank

Greylisting not an indictment on SA’s financial sector but a call to turn policy...

Alexforbes chair and Nedbank chairman-designate, Daniel Mminele weighs in on the credibility of South Africa’s banking industry Earlier this year, South Africa’s greylisting raised concerns about the state of the country’s financial...

Save the dates for this year’s highly anticipated Nedbank Cape Winemakers Guild Auction

The prestigious Nedbank Cape Winemakers Guild (CWG) Auction, to be held on Friday 30 September and Saturday 1 October 2022, will be hosted by Strauss & Co, South Africa’s leading art...

New banks circle small businesses

It is not only retail banking customers who stand to win as competition in the South African banking sector heats up. Businesses — particularly small and medium-sized ones — could also...

Nedbank’s R3.2m partnership with programme will support Cape Town entrepreneurs

The RLabs Innovation and Entrepreneurship Programme which was launched on Friday 21 June has been enabled by a R3 220 000 partnership with Nedbank. The programme will provide support, advisory services, resources,...

SAA and Nedbank launch world first with the SAA Voyager Cheque Card

South African Airways (SAA) Voyager and Nedbank today launched a first in the world - a cheque card which guarantees users to earn air miles per transactional swipe. The SAA Voyager Cheque Card...

Home Affairs plans to open 20 new Smart ID offices with SA banks

The Department of Home Affairs plans to expand its Smart ID and passport partnership with South Africa’s banks, by adding 20 additional branches to the programme in major urban centres. The Smart...

Nedbank expands with Plug and Play

Nedbank announced today the expansion of their US partnership with Plug and Play, the world’s largest innovation platform, to include South Africa for the first time.     Together, the entities will...

Capitec and Nedbank shortlisted to buy South Africa’s ninth largest bank

The Portuguese government has approved a shortlist of four potential buyers to participate in the second phase of the sale process of Mercantile Bank. Mercantile Bank is owned by Portuguese...

Interest rates likely unchanged until late 2019 – Nedbank

Interest rates in South Africa will remain unchanged into late 2019, Nedbank Group’s Economic Unit forecasted on Monday. According to Nedbank, rising inflation and concerns over tightening policy globally will...

Old Mutual to retain 20% of South Africa’s Nedbank after split

Anglo-South African financial services group Old Mutual said on Wednesday it will retain a 19.9 percent strategic minority shareholding in Nedbank after the parent company’s planned split. Old Mutual, whose...

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WEG Africa pioneers local manufacture of MV softstarters in SA

WEG Africa has become the first OEM to produce medium voltage (MV) softstarters in South Africa, reducing lead times for customers and supporting the...

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