[ICYMI] MoneywebNow podcast with SimonPB, analysis of Nedbank results, Agri prices and the role of innovation in the search for returns. download the podcast:
Lonwabo Maqubela of Perpetua Investment Managers on Nedbank results and US July inflation at 8.5%.
Wandile Sihlobo chief economist of the Agricultural Business Chamber of SA on grain exports out of Ukraine and falling local agri prices.Absa head of global markets Anthony Kirui on innovation as the key in the search for returns.
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INTERIM RESULTS: Nedbank shoots the lights out with return to pre-pandemic profitsNedbank shareholders are smiling all the way to the … well, to the bank, with an interim dividend that is up 81% to 783 cents a share. The first of the big banks to put out its financial results for the first half of this year, Nedbank showed off 26% growth in headline earnings per share and an 81% increase in the interim dividend, taking dividends back to pre-Covid levels.
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WATCH: Nedbank lifts interim dividend by 81%Business Day TV speaks to Nedbank CFO Mike Davis
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One of South Africa’s biggest banks says the shift to flexible working is paying offNedbank chief executive officer, Mike Brown, says that the group’s flexible working practices and real-estate optimisation strategy is leading to cost savings.
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Market Watcher: Has US inflation peaked?[MARKET WATCHER] Sasfin’s DavidShapiro discusses the market’s reaction to US inflation data, the rand’s movements, and Nedbank’s results.
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