Tag: Nedbank Group

Vodacom chairman to retire in July

The chairman of Vodacom Group, Jabu Moleketi, will step down from the board and retire on July 21, the South African telecoms firm said on Friday.

“Moody’s has every reason to downgrade us” – Nicky Weimar

South Africa's economy remains constrained and slowing global growth is adding to the pressure. Financial institutions have been pressured to revise down their GDP estimates. Nedbank Group's Senior Economist, Nicky Weimar tells CNBC Africa’s Kopano Gumbi why they have halved growth estimates for the year to 0.4 per cent.

Why South Africa’s Nedbank is buying back shares from minority shareholders

Nedbank Group Ltd to buy back its stock from shareholders who hold less than 100 Nedbank shares.