SA is running out of time and money, says Nedbank's Mike Brown

Lender, Nedbank has called on government to have more urgency in implementing structural reforms to address the country's deteriorating economic and fiscal position - these factors have weighed on the company's interim numbers and negatively impacts the outlook for the full-year period. During the half year, headline earnings was lifted by nearly 3%, revenue is up close to 6% and an interim dividend of R7.20 was declared reflecting a near 4% increase. Business Day TV sat down with Mike Brown the Chief Executive of Nedbank for more context around the economics driving the numbers.
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