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. Kaya 959 · Kaya FM