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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 News


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... 


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... 


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... 


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... 


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,... 


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pqt: 0.053s - ct: 1.759s - 197pq - 2rq
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