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Nedbank

Nedbank is a major South African banking and financial services group headquartered in Johannesburg. The group operates primarily in South Africa and also has a presence in other African countries, the United Kingdom and the Isle of Man. Nedbank is one of the four largest banking groups in South Africa, alongside Standard Bank, FirstRand and Absa. It is a majority-owned subsidiary of Old Mutual, a financial services conglomerate, though it is separately listed on the Johannesburg Stock Exchange. The bank provides a comprehensive range of retail, commercial, corporate and investment banking services, as well as wealth management and insurance products. Its core business segments include Nedbank Retail and Business Banking, Nedbank Corporate and Investment Banking, and Nedbank Wealth. Nedbank serves millions of individual and business clients across its branch network, digital platforms and automated channels. The group employs tens of thousands of people. Nedbank is active in economic research and regularly publishes analysis and forecasts on South African and regional economic trends, including inflation, interest rates, currency movements and sector performance. The bank was formed in 1888 as the Netherlands Bank of South Africa and adopted the Nedbank name in 1971. It has grown through organic expansion and acquisitions to become a significant player in the South African financial sector.

Nedbank Updates


Facilitator Chris Burgess, editor-in-chief, Landbouweekblad and African Farming, with speakers Dr Hendrik Smith, regenerative and conservation agriculture specialist, Asset Research; Kudzayi Mazikana, head of sustainability, Nedbank Commercial Banking; Dr Karin Nel, microbiologist, University of Stellenbosch; and Stephan Nel, managing director, Case IH.
Regenerative agriculture is no longer a sustainability conversation. It is a business imperative
1st June 2026

At a panel discussion hosted by Nedbank at this year's NAMPO Harvest Day, one message emerged clearly from farmers, scientists, financiers and technology providers: the future resilience of... 


Political analyst Dr Mpumelelo Kansas Mkhabela
South African wine industry deliberates on its future in the current global context
29th May 2026 By: Sabrina Jardim

Wine industry leaders and stakeholders convened in Stellenbosch, in the Western Cape, this week to assess the future of South African wine, with speakers taking stock of the economic headwinds,... 


Battery and solar panels
Naos-1 hybrid solar PV and battery energy storage project, South Africa
22nd May 2026 By: Sheila Barradas

Naos-1 represents the largest solar and battery facility developed specifically for private offtakers in South Africa. 


Qala Shallows mining personnel.
Gold mining on City of Gold's doorstep wins broader bank support
21st May 2026 By: Martin Creamer

A binding term sheet for a senior loan facility of up to a R875-million has been secured by West Wits Mining, which is reviving gold mining on the very doorstep of the City of Gold. The new loan... 


Bank notes
South African rand steady before local inflation reading
20th May 2026 By: Reuters

The South African rand was steady in early trade on Wednesday, ahead of the release of inflation data which is expected to reflect pressures from the war in the Middle East. At 0619 GMT the rand... 


Aerial view of the Platreef Mine site, showing the existing surface infrastructure, as well as an outline of the locations for the future Phase 2 and 3 concentrators, adjacent to the current Phase 1 concentrator
Platreef palladium/rhodium/nickel/platinum/copper/gold project, South Africa – update
15th May 2026 By: Sheila Barradas

Construction of Shaft 3, and its associated underground materials-handling and crushing infrastructure, is in the final stages of commissioning.  


Aerial view of the Platreef mine site, showing the existing surface infrastructure, as well as an outline of the locations for the future Phase 2 and 3 concentrators, adjacent to the current Phase 1 concentrator.
Nedbank arranges $700m for Phase 2 of Ivanhoe’s Platreef mine
12th May 2026 By: Schalk Burger

Financial services firm Nedbank Corporate and Investment Banking (Nedbank CIB) has provided $700-million debt financing for Phase 2 of TSX-listed diversified mining company Ivanhoe Mines' Platreef... 


Rand currency
South African rand gains on weaker dollar, optimism over potential US-Iran deal
8th May 2026 By: Reuters

The South African rand gained against a weaker dollar in early trade on Friday, as investors remained optimistic about a potential US-Iran peace deal despite renewed hostilities. The United States... 


An image of the Kamoa Kakula project
Ivanhoe swings to a first-quarter loss on DRC tax settlement; increases full-year exploration spend
7th May 2026 By: Tasneem Bulbulia

Canadian miner Ivanhoe Mines posted a loss of $2-million and a total comprehensive loss of $35-million for the quarter ended March 31 – the first quarter of its 2026 financial year – compared with... 


Financing the transition: Why agriculture's future depends on smarter capital
5th May 2026

South African farmers are being asked – by consumers, financiers, and the environment itself – to fundamentally rethink how they produce food. The shift towards regenerative agriculture is no... 


Panellists highlight how integrating climate and nature is no longer optional but a systemic shift that will reshape how businesses operate
Panellists highlight growing urgency for integrated climate–nature strategies
1st May 2026 By: Shannon de Ryhove

There is a growing recognition that businesses, financiers and policymakers must move beyond siloed approaches when it comes to sustainability, embedding both climate and biodiversity... 


An artist impression of the Middlepunt solar PV plant
Mulilo says Middlepunt PV plant to supply cheapest REIPPPP-procured electricity
1st May 2026 By: Terence Creamer

South African independent power producer Mulilo reports that its 337 MWdc Middlepunt solar PV plant will deliver electricity at R458/MWh when it enters into commercial operation in the coming 24... 


Rand currency
South African rand slips ahead of Fed decision amid Iran war uncertainty
29th April 2026 By: Reuters

The South African rand weakened in early trade on Wednesday as investors waited for the US Federal Reserve’s interest rate decision later in the day, watching for clues on the economic fallout from... 


Mulilo’s Mercury battery storage project achieves financial close
Mulilo’s Mercury battery storage project achieves financial close
24th April 2026 By: Terence Creamer

South African independent power producer Mulilo, which announced at the recent South Africa Investment Conference that it would be investing R15-billion in new renewables and storage projects,... 


Consumer
South African inflation picks up to 3.1% y/y in March, as expected
22nd April 2026 By: Reuters

South Africa's headline consumer inflation edged up as expected last month, but analysts said the increase would be far larger in April when fuel price hikes triggered by the US-Israeli war on Iran... 


Nhlanhla Zama
Beyond funding: What’s really limiting South Africa’s entrepreneurs?
21st April 2026

By Nhlanhla Zama, Head of Empowerment at uMngeni-uThukela Water.  Nedbank Pitch & Polish, one of South Africa’s most consistent engines of entrepreneurial growth, has opened entries for its 16th... 


Thalia Pillay
Why consumer fraud warnings are failing in the age of AI
21st April 2026

By Thalia Pillay, co-founder and CEO of Orca Fraud  The fines scam. The SARS refund. The parcel that needs clearing. If you have a South African cellphone number, you have met all three. Fraud has... 


Liquid Intelligent Technologies draws outsized demand for $300m bond
21st April 2026 By: Creamer Media Reporter

Pan-African fibre and technology business Liquid Intelligent Technologies has closed a $660-million debt financing round, including a $300-million Eurobond that was oversubscribed 2.5 times. This... 


Mulilo achieves financial close on 380 MW solar project in Western Cape
Mulilo achieves financial close on 380 MW solar project in Western Cape
20th April 2026 By: Sabrina Jardim

South African independent power producer Mulilo has successfully reached financial close on the 380 MW Beaufort West solar PV facility, one of South Africa’s largest utility-scale solar PV... 


An artist impression of the Middlepunt solar PV plant
Mulilo says Middlepunt PV plant to supply cheapest REIPPPP-procured electricity
14th April 2026 By: Terence Creamer

South African independent power producer Mulilo reports that its 337 MWdc Middlepunt solar PV plant will deliver electricity at R458/MWh when it enters into commercial operation in the coming 24... 


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