Mail & Guardian
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mike davislatest news & developments
After delivering a solid set of results this week, Nedbank chief financial officer Mike Davis has insisted that impending interest rate cuts won’t flatten the group’s performance this year. (Nadine Hutton/Bloomberg via Getty Images)
MIKE DAVIS

Nedbank won’t be crushed by falling interest rates, says chief financial officer

Shored up by higher borrowing costs, South Africa’s banking sector seems to have to weather the 2023 economic storm

  • Sarah Smit
4 min read