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Sunday, November 29, 2020





Tag: Nedbank

Tough times ahead for the SA manufacturing sector

Nedbank’s Economic Unit expects a depressed manufacturing outlook for South Africa in 2016 according to Engineering News. This in response to the Stats SA monthly manufacturing production and sales report released...

Nedbank and Rabie join forces to complete Burgundy Estate

Nedbank Corporate and Investment Banking and Rabie Property Group have joined forces to complete the Burgundy Estate residential development in Cape Town with the first two projects totalling 370 units at...

Nedbank finances R2bn towards Comair’s new Boeing 737-800 fleet

Nedbank announced that it has been mandated by Comair to provide finance to the amount of R2.150bn for the purchase of four new Boeing 737-800 aircraft to upgrade the airline’s fleet....

Brimstone’s Nedbank deal matures

Brimstone announced that its BEE deal with Nedbank Group Limited has matured. In 2005 Brimstone led a broad-based consortium in acquiring a shareholding in Nedbank (“the transaction”.) Brimstone’s share of the...

Power crisis constrains SA growth, warns economist

South Africa's escalating electricity tariffs, energy insecurity and the "risk of widespread blackouts" are among the main factors restraining growth in the economy, Isaac Matshego, economist at Nedbank told members of...


Engen brings drought and fire relief to farmers

Engen, South Africa’s favourite petrol station*, has stepped up to assist drought-stricken farming communities in Sutherland in the Eastern Cape as well as areas in the...