economy

Planning is more important than prediction for Africa’s property sector now

By | 2020-06-25T12:03:20+02:00 June 25th, 2020|Sustainable Business|

By Gerhard Zeelie; Head of Property Finance Africa: Nedbank CIB An understandable response to the economic fallout of Covid-19 is for governments, industries and businesses trying to predict the path that the global economy will take in the coming months and years. However, given that this is a challenging exercise at best, it's probably a [...]

WATCH: CPI falls to lowest level in nearly 15-years

By | 2020-06-25T09:49:08+02:00 June 25th, 2020|Watch This|

South Africa's inflation rate fell to 3% in April from 4.1% in March. This is the lowest reading in almost 15 years as the country went into its most severe period of lockdown when only essential goods and services were available. Business Day TV discussed the print in detail with Walter de Wet from Nedbank [...]

Nedbank Group – commitment to sustainable development

By | 2020-06-19T10:45:19+02:00 June 19th, 2020|Watch This|

At Nedbank our purpose guides our strategy, behaviours and actions towards delivering long-term value. Operating a successful and sustainable business requires a thriving economy, well-functioning society and a healthy environment. As such our response to challenges cannot be a secondary aspect of our business, it must be central to it, with a commitment to sustainable [...]

Daily Market Commentary: 16 April 2019

By | 2020-06-22T10:58:01+02:00 April 16th, 2019|Markets and Research|

Today we are taking a look at: Long end portion of yield curve steepened on the back of stop selling The USDZAR trades back above 14.0000 Oil held losses below $64 a barrel as concerns over rising U.S. crude inventories and slowing growth in the world’s biggest economy kept investors wary US earnings season likely [...]

Monthly Insights: June 2018

By | 2018-06-12T07:34:38+02:00 June 12th, 2018|Markets and Research, Watch This|

  Executive Summary ·        Since our last publication, more high-frequency economic data for South Africa became available for 1Q18, in which most real economy indicators showed marked deterioration. Mining and manufacturing production contracted over the quarter and would likely contribute negatively towards 1Q18 GDP growth. Retail sales contracted by 1.3% over the quarter in [...]