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Tag: Nedbank

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...

Capitec overtakes Nedbank, now SA’s fourth-largest bank by value

Capitec passed Nedbank as South Africa’s fourth-largest lender by value to extend a market-beating rally that has made it the country’s best performing stock. The shares of Capitec rose 2% in Johannesburg...

Old Mutual to list not sell businesses in split

Anglo-South African financial services group Old Mutual (OML.L) aims to list two divisions rather than sell them as it pursues a plan to split into four parts by the end of...

Old Mutual and Nedbank contribute R10m to UCT finance institute to develop scarce skills

The development of much-needed skills for the financial services sector in South Africa has been given a boost by a collaborative donation of R10m over five years from Nedbank and Old...

Nedbank inspires clients to see money differently

Nedbank officially launched its new brand repositioning during the first day of the world’s largest design festival; the 2017 Design Indaba. The bank’s new tagline challenges clients and society to ‘see...

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Save our whales: Stop octopus trap fishing in False Bay, Cape...

We request an immediate moratorium on all octopus trapping in the False Bay area until such time as stakeholders and concerned citizens are consulted...

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