Kaya 959 Kaya Biz

Nedbank Plans To Sell Ecobank Stake As It Resets Africa Strategy

Loading player...
Guest: Mfundo Nkuhlu, Nedbank COO

Ecobank Transnational’s biggest shareholder plans to sell its stake in the pan-African lender as South Africa’s fourth-biggest bank by assets narrows its focus on the continent.
Nedbank will sell its 21.2% holding in Togo-based Ecobank, marking the end of a 17-year strategic alliance that enabled the Johannesburg-based lender to expand its footprint beyond southern Africa.
5 Aug 2025 12PM English South Africa Business News · Investing

Other recent episodes

Global fashion, local impact and lessons from Valentino’s business legacy

The fashion world is marking the passing of Italian designer Valentino Garavani, the founder of the Valentino fashion house and one of the architects of modern luxury. Over decades, his work became closely associated with global fashion capitals and with retailers and luxury groups that helped take haute couture into…
20 Jan 3PM 22 min

Unpacking 2026 global soft power index

South Africa has dropped two places in the 2026 Global Soft Power Index, now coming in at 43rd overall. Nzinga Qunta and Jeremy Sampson, chairman, Brand Finance Africa, take a closer look at what this ranking means for South Africa, how we stack up against regional peers, and what needs…
20 Jan 3PM 17 min

IMF forecasts resilient 2026 growth driven by AI amid easing

The International Monetary Fund again edged its 2026 global growth forecast higher on Monday as businesses and economies adapt to U.S. tariffs that have eased in recent months and a continued AI investment boom that has fueled asset wealth and expectations of productivity gains. Andre Cilliers, Currency Strategist at Treasury…
20 Jan 3PM 9 min
All episodes