The Money Show JSE H1 profit Jumps 13.2% on market gains; Nedbank posts 6% Rise in half-year earnings
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Aug 5, 2025 Jason Quinn, CEO of Nedbank Group, shares insights on the bank's recent 6% profit growth, driven by strong non-interest revenue. Leila Fourie, CEO of the JSE, discusses the exchange's performance amidst economic challenges and modernization efforts. Tracy Davies from Just Share emphasizes the urgency of corporate climate commitments under new regulations. Rotendo Hundwingi explores African business dynamics, including Nigeria's beer market and energy privatization. Warren Ingram offers practical personal finance strategies in light of rising interest rates.
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Nedbank Redirects Capital To Safer Regions
- Nedbank exited its minority Ecobank stake due to limited strategic influence and weak West African returns.
- Proceeds will redeploy into southern and eastern Africa where management sees better ROI opportunities.
Restructure Banking For Distribution Efficiency
- Reorganize banking units to bundle products and concentrate distribution for efficiency.
- Combine insurance, wealth and retail into one profit pool to boost returns and customer servicing.
Illegal Mining Crisis At Sheba Operations
- Pan-African Resources reports weekly large-scale arrests of illegal miners at Sheba.
- Company blames terrain, legacy shafts and weak local policing for repeat incursions.
