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

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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.
6 Aug 2019 2AM English South Africa Business · Business News

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