Nedbank CEO Mike Brown says while the bank hasn't yet seen major clients hold back on their capital spending, SA is still facing the steady erosion in its status as an investment destination amid the prospect of years of being greylisted, as well as more load sheddingappointment of an electricity ministerSpeaking to News24 after releasing the banking group's 2022 financial
results, he said Nedbank supported any development aimed at reducing and ending load shedding. This was President Cyril Ramaphosa's rationale for creating the position of electricity minister.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business But , but there is a small matter 👇 ...... and also SorryIsNotEnough
_Business governmentsalaryshedding, the highly paid officials that are killing this country & do not care! so let's try this: Stage 2,3,4 30% salary cut. stage 5,6,7 40% salary cut. Stage 8 upwards 55% salary cut see how quickly they fix this problem They must stop wasting our money
_Business Mr Brown is 100% correct. The government destroyed the future of its citizens. The ANC & 🤵🏿♂️don't think long term.
_Business Many remember Eskom problems and want to change gov't yet they cannot remember their past iniquities
_Business And was it not Mike Brown's bank Nedbank who have been implicated in various scandals over r the year of rand manipulation, state capture and other money laundering operations.