Tag: Nedbank

Tharisa underground mining
BusinessHot News

Nedbank backs Tharisa with $45.6 million for underground mining shift

Nedbank backs Tharisa $45.6 million facility to expand underground mining fleet, boosting Bushveld output and long-term growth strategy.

Timilehin Adejumobi Timilehin Adejumobi
South African executive Ciko Thomas.
Hot NewsBusiness

South African executive Ciko Thomas takes $1.8 million Nedbank pay

Ciko Thomas received R29.7 million ($1.8 million) in 2025 compensation as lower short-term bonuses offset a base salary bump.

Omokolade Ajayi Omokolade Ajayi
South African banking executive Andiswa Bata.
BusinessHot News

South African executive Andiswa Bata gets $1.2 million Nedbank pay

Andiswa Bata earned $1.2 million in 2025 at Nedbank, combining salary, incentives, and buyouts tied to her executive role.

Omokolade Ajayi Omokolade Ajayi
Nedbank COO Mfundo Nkuhlu.
Hot NewsBusiness

Nedbank COO Mfundo Nkuhlu pockets $2.2 million in 2025 pay package

Nedbank COO Mfundo Nkuhlu’s 2025 pay totals R35.2 million ($2.2 million) as bonuses and stock awards decline despite steady bank performance.

Omokolade Ajayi Omokolade Ajayi
Nedbank regional office, Cape Town
BusinessHot News

Nedbank backs Anthem Group’s $353 million green energy expansion

Nedbank backs Anthem Group with $353m green energy funding, boosting South Africa’s renewable power and IPP expansion drive.

Timilehin Adejumobi Timilehin Adejumobi
NCBA House
BusinessHot News

Nedbank moves closer to acquiring Kenya’s NCBA  

Nedbank clears a key hurdle in its $870 million bid for a 66% stake in NCBA, advancing its East Africa expansion.

Timilehin Adejumobi Timilehin Adejumobi