Year: 2021

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Tsumkwe wants access to banks
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Tsumkwe wants access to banks

Tsumkwe constituency councillor Johannes Hausiku has called upon banks to establish a presence at the settlement. The Tsumkwe constituency, situated in the eastern part of the Otjozondjupa region, has a population of about 9 900 and consists of the settlement of Tsumkwe and the surrounding rural area.

Nedbank key balance sheet metrics return to above pre-Covid levels
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Nedbank key balance sheet metrics return to above pre-Covid levels

Nedbank Group delivered a strong financial performance for the six months to 30 June 2021 as headline earnings increased by 148% to R5.3 billion off the low base in 2020 but remain 24% below first half 2019 levels. Significantly lower impairments, higher net interest margin and disciplined expense management boosted headline earnings.