The South African rand gained a bit of strength on Thursday morning, trading at 18.22 to the U.S. dollar around 6:22 a.m. GMT. This marks a 0.3% improvement from where …
The South African rand lost a bit of ground in early trading on Thursday, May 8, as traders waited for the country’s latest manufacturing output figures. According to market data, …
Nedbank says it has been lending more, and as the interest rates continue to climb, the green bank is cashing in some handsome net interest income. The banking group published …
The all-in-one digital wallet app Samsung Wallet will be rolled out to 13 new countries by the end of 2022, including South Africa. First launched in June 2022 Launched in …
Nedbank customers report that they are experiencing problems accessing the bank’s mobile app and digital channels on Friday morning. Reports of issues with the app surged on Downdetector from around 07:30, …
Nedbank has been ordered to cough up a R2 million penalty for implementing a transaction before competition authorities approved the deal, the Competition Tribunal said on Thursday. In a statement, …
SARB, The South African Reserve Bank has imposed R35 million in fines on Nedbank for failures that included not reporting cash transactions of large amounts and shortcomings in record-keeping. The …
Nedbank has reported a 27% jump in headline earnings to R6.7 billion for the six months to end-June. The jump was mostly driven by strong revenue growth of 11% to …
Nedbank wants to almost double its lending to green energy projects in South Africa over the next two years as it seeks to cement its position as a market leader …
Banking group Nedbank is partnering with Hohm Energy to finance and install solar power solutions in South Africa. The service will be offered to all homeowners, and not limited to Nedbank mortgage …