ARTICLES RELATING TO NEDBANK

Major banks leave interest rates unchanged

2015-03-26 17:34

Major SA banks have indicated that they will leave their interest rates unchanged following the SA Reserve Bank's announcement that the repo rate will stay at 5.75%.

Nedbank Capital snaps up 32.9% of GloCell

2015-02-11 12:45

The investment banking business now owns almost a third of the South African cellular reseller and telecoms business.

Nerina Visser: Rather focus on the prospects than new listing prices

2015-01-15 07:37

No longer a lady-in-green, former Nedbank ETF Strategist Nerina Visser today gave us a bit of insight into the history of Exchange Traded Funds in South Africa.

Nampak rebrands, lists Zim units

2014-12-24 09:15

JSE-listed and Africa’s biggest packaging firm Nampak has rebranded its Zimbabwe based subsidiaries to Nampak Zimbabwe.

Sanlam Private Wealth expands

2014-12-12 16:57

Seven portfolio and wealth managers have migrated to Sanlam Private Wealth’s expanding Johannesburg operation.

Uptick in used car sales

2014-12-02 19:55

South Africa's major banks are reporting a rise in used car sales, but new car sales have dropped as rand weakness lifts prices.

No move in rates expected

2014-11-19 07:00

The Monetary Policy Committee of the SA Reserve Bank will most likely keep the interest rate the same at its next meeting, indicates a barometer.

Home owners battle to pay bonds

2014-10-30 20:17

South Africans are finding it more difficult to keep up with their mortgage payments as the cost of living and interest rates climb, says one of the big four banks.

R48m assets order against Mulaudzi reversed

2014-10-13 19:39

The Western Cape has reserved a provisional order to seize R48m worth of assets from Luvhombo Group executive chair Matthews Tuwani Mulaudzi.

Ecobank to focus on existing businesses: CEO

2014-10-06 09:45

Pan-African lender Ecobank plans to wind down its strategy of rapid expansion across Africa and focus on existing businesses, says its chief executive.

 

Nedbank posts 13% rise in earnings

2015-02-23 09:11

Nedbank has posted an increase in full-year earnings in line with expectations, as lending income boosted profits.

Interest rate cut likely postponed - economist

2015-01-26 21:00

Despite the low oil price, the SA Reserve Bank will most likely not cut the interest rate at its upcoming MPC meeting, according to an economist.

Vassi Naidoo prospective new Nedbank chair

2015-01-13 15:15

The Old Mutual and Nedbank boards have announced that Vassi Naidoo will join the board as a non-executive director.

Amplats gets R4.5bn offer for Bokoni stake

2014-12-17 15:41

Anglo American Platinum, the world's top platinum miner, has received a R4.5bn offer for its 49% stake in the Bokoni mine, says the source.

Willett captures Sun City prize

2014-12-07 17:09

Briton Danny Willett is celebrating the biggest win of his career by claiming the first prize at Sun City.

Nedbank to merge two banking units

2014-11-26 11:01

Nedbank will merge its corporate and investment banking units, bringing wholesale operations under one management team.

Moody's downgrades big five SA banks

2014-11-11 15:00

Moody's has downgraded the long-term deposit and senior debt ratings of the five largest South African banks and also looked at the IDC and Development Bank.

Nedbank lending up in third quarter

2014-10-27 09:22

Nedbank has posted an 8.4% rise in loan income for the first three quarters of the year after writing more loans to companies.

Nene: Banking sector downgrade unlikely

2014-10-07 07:00

The government is of the view that a further downgrade to the banking sector is highly unlikely, says Finance Minister Nhlanhla Nene.

Nedbank to take Ecobank stake for R5.54bn

2014-10-02 20:26

Nedbank will acquire a 20% stake in pan-African lender Ecobank Transnational for about R5.54bn in cash, despite a crisis over corporate governance.

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