The South African Reserve Bank (SARB) has imposed a R35 million administrative sanction on Nedbank Limited for failure to comply with certain administrative provisions of the Financial Intelligence Centre Act (FICA).
The 'normal' 9 to 5 is no longer palatable to the upcoming workforce, acording to labour experts at law firm Cliffe Dekker Hofmeyr.
In 2021, the Department of Home Affairs said it wanted to expand its satellite branch strategy to at least 70 bank branches across the country, with the rollout expected to start on 1 July 2022. However, over a month after…
The possibility of South Africa being greylisted by the Financial Action Task Force (FATF) could make doing business with the country even tougher.
Nedbank chief executive officer, Mike Brown, says that the group's flexible working practices and real-estate optimisation strategy is leading to cost savings.
Nedbank Group on Wednesday (10 August) published its interim results for the six months ended June 2022 showing a strong performance across all key metrics in a "a complex and difficult external environment".
Nedbank has published its latest capital expenditure project listing report, detailing some of the major fixed investment projects that are in the pipeline for South Africa.
The rand has continued to chip away at the dollar in recent sessions, with market concerns that the US Federal Reserve will slow the pace of its interest rate hikes, putting pressure on the greenback.
Nedbank Group 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 in funding renewable power projects.
Power utility Eskom met with the chief executives and top leadership from 70 private institutions on Friday (29 July) to discuss possible solutions to the energy crisis.
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