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Nedbank resumes dividend payments as the country's economy rebounds

Nedbank declared an interim dividend of 433 cents a share during the first half of this year as it resumed dividend payments following the rebound in the economy.

Gauteng , South-africa , Kwazulu , Eastern-cape , Natal , Mike-brown , Standard-bank , Nedbank , Se , Ovid-19 , Ockdown , கௌஊட்டெங்

CFTC fines Banks, 20 companies for unfair trading practices

July 20, 2021
Fazilla Tembo-Nyasa Times 1 Comment
State-funded Competition and Fair Trading Commission (CFTC), a statutory institution to regulate and monitor acts that affect competition and fair-trading, has fined imposed a K500, 000 on each of the 20 companies found guilty of contravening fair trading practices in the country.
The 20 are among the 61 companies the Commission has been investigating of which 56 were confirmed to have violated the consumer rights through one malpractice or the other.
Acting Executive Director, Apoche Itimu
The Commission’s Acting Executive Director, Apoche Itimu, told journalists on Monday during an update for their last quarter’s investigations and determinations that the remaining companies contravened competition business practices.

Apoche-itimu , First-capital-bank , Commission-acting , Fair-trading-commission , Nedbank , State-funded-competition , Executive-director , Acting-executive-director , Subscribe-nyasa , முதல்-மூலதனம்-வங்கி , தரகு-நடிப்பு , நியாயமான-வர்த்தக-தரகு

Unrest could not have come at a worse time for SA says Nedbank CEO

Unrest could not have come at a worse time for SA says Nedbank CEO
14 July 2021 8:54 PM
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'We've had damage to nearly 50 branches and 300 ATMs.' Bruce Whitfield interviews Nedbank CEO Mike Brown.
Nedbank has called for united condemnation of the lawlessness engulfing parts of South Africa from organised labour, civil society, political parties, business and religious organisations.
It also called for decisive action to restore law and order.
The riots have come at a time when the country can least afford it says Nedbank CEO Mike Brown.
In conversation with Bruce Whitfield, Brown says they're enormously concerned about the short-term impact on infrastructure, supply chains and food security as well as the long-term consequences.

South-africa , Gauteng , Kwazulu-natal , Nedbank , Mike-brown , Bruce-whitfield , Nedbank-group , Money-show , கௌஊட்டெங் , க்வஸூல்யூ-நேட்டல் , நெட்பாங்க் , மைக்-பழுப்பு

Unrest could not have come at a worse time for SA says Nedbank CEO

Unrest could not have come at a worse time for SA says Nedbank CEO
702.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 702.co.za Daily Mail and Mail on Sunday newspapers.

South-africa , Gauteng , Kwazulu-natal , Nedbank , Mike-brown , Bruce-whitfield , Nedbank-group , Money-show , கௌஊட்டெங் , க்வஸூல்யூ-நேட்டல் , நெட்பாங்க் , மைக்-பழுப்பு

Unrest could not have come at a worse time for SA says Nedbank CEO

Unrest could not have come at a worse time for SA says Nedbank CEO
capetalk.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capetalk.co.za Daily Mail and Mail on Sunday newspapers.

South-africa , Gauteng , Kwazulu-natal , Nedbank , Mike-brown , Bruce-whitfield , Nedbank-group , Money-show , கௌஊட்டெங் , க்வஸூல்யூ-நேட்டல் , நெட்பாங்க் , மைக்-பழுப்பு

SA posts second-largest current-account surplus in its history

Global economic recovery has boosted exports but economists say load-shedding is a risk

Garth-theunissen , Reserve-bank , Sunday-times , Exports , Sa , Recovery , Covid , Current-account , Surplus , Deficit , Gdp

Offshore investment options for South Africans

Offshore investment options for South Africans
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It’s widely acknowledged that investing in shares is one of the most effective ways of achieving long-term financial returns and maximising your chances of growing your wealth. While the South African stock market is among the most advanced and efficient in the world, the stocks available to investors make up just 1% of the total world economy.
So, while you can certainly grow your personal wealth by buying and selling shares only on the JSE, to maximise your investment potential you need to consider investing also in markets that lie beyond our country’s borders, says Alan Shannon, executive: Client Engagement, Professional Banking and Small Business Services at Nedbank.

South-africa , South-african , South-africans , Alan-shannon , Small-business-services-at-nedbank , African-revenue-service , Client-engagement , Professional-banking , Small-business-services , South-african-revenue-service , Nedbank-foreign-currency , Business

Here's how much money you need to be considered super rich in South Africa

South Africa has one of the highest rates of income inequality in the world, making it difficult to determine how much money it takes to be considered…

South-africa , United-states , South-african , American , South-africans , Knight-frank , Discovery-bank , Development-research-unit , University-of-cape-town-south-african-labour , Standard-bank , American-express-centurion , Purple-card

How to manage credit while interest rates are lower

How to manage credit while interest rates are lower
While lower interest rates offer short-term assistance by reducing loan repayments, cheaper credit can also be a risky temptation
28 April 2021 - 13:58
It’s not just the role of the bank to be responsible when it comes to loans or credit; consumers need to be more responsible borrowers too.
Image: 123RF/Mimagephotography
Lowered interest rates have helped many South Africans face the challenge of a loss of income while still needing to keep up their repayments on their home, vehicle and personal loans and other credit agreements.
But while lower interest rates offer short-term assistance by reducing loan repayments, cheaper credit can also be a risky temptation. Buli Ndlovu, executive: retail and business banking marketing at Nedbank, says it’s important for consumers and financial institutions to be responsible in the way they use credit in the coming months and years.

South-africa , Ndlovu , Eastern-cape , South-africans , Trans-union , Nedbank , Covid-19 , Lower-interest-rates , Credit , Credit-report , Credit-score

You can now make payments on WhatsApp

You can now make payments on WhatsApp
Updated
Lifestyle Reporter
Online banking/ iStock
Are you a small or micro businesses owner who banks with Nedbank?
Here is good news for you. Nedbank, together with Mastercard and Ukheshe, has launched its Money Message service.
The new payment platform enables consumers to pay small and micro businesses via a secure in-chat payment using WhatsApp.
What's also exciting is that merchants can send an invoice requesting a payment from any customer through WhatsApp and customers can also settle a payment directly from the platform.
The bank says the move is aimed at helping entrepreneurs.

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