Nedbank delivers a strong financial performance to meet all 2023 targets, laying solid foundation to deliver on medium-term goals.

Nedbank delivers a strong financial performance to meet all 2023 targets, laying solid foundation to deliver on medium-term goals.

Nedbank Group delivered a strong financial performance for the 12 months to 31 December 2023 compared with the 12-month prior period as headline earnings (HE) increased 11% to R15,7bn. In a difficult economic environment, this growth in HE was enabled by a strong operational performance as preprovisioning operating profit increased by 15%, underpinned by 12% revenue growth including associate income and prudent expense management, partially offset by a 30% increase […]

March 5, 2024 8

Sport

Lakers rout Thunder, Lillard’s 41 helps Bucks sink Clippers

D'Angelo Russell scored 26 points as the Los Angeles Lakers produced a dominant defensive display to upset the Oklahoma City Thunder 116-104 on Monday. Russell and Anthony Davis (24) combined for 50 points while LeBron James added 19 points, 11 rebounds and eight assists in an ultimately comfortable win for the 17-time NBA champions. Oklahoma City went into the game as leaders of the Western Conference and they started smoothly, […]

March 5, 2024 2

Namibia

USAID Grants N$19 Million to Namibian Hydrogen Fund

U.S. Ambassador Randy Berry and Namibia Hydrogen Fund Manager Investment Director Mercia Geises during the grant signing ceremony. The U.S. government, through the USAID Mobilizing Investment project, announced a grant of N$19 million (US$1 million) to Namibia Hydrogen Fund Managers (Pty) Limited to support the N$22 billion (US$1.15 billion) Sustainable Development Goals (SDG) Namibia One Fund. Launched at the United Nations Climate Change Conference COP-27 in November 2022, the SDG […]

March 5, 2024 29

Sport

Arsenal hit Sheff Utd for six to set record scoring streak

Arsenal entered the record books as a 6-0 demolition of Sheffield United on Monday kept the Gunners on Liverpool and Manchester City's tails in the Premier League title race. Martin Odegaard, Jayden Bogle's own goal, Gabriel Martinelli, Kai Havertz and Declan Rice put the visitors 5-0 at half-time before Ben White rounded off the scoring. Mikel Arteta's men become te first side to ever win three consecutive away games […]

March 5, 2024 3

Sport

Football star Kerr charged with ‘racially aggravated offence’

Chelsea and Australia women's football superstar Sam Kerr has been charged with a "racially aggravated offence" after a dispute involving a London police officer, the Metropolitan Police said Tuesday. The 30-year-old striker, one of the highest profile and best-paid players in the women's game, was charged following the incident in January 2023, police said in a statement. The alleged dispute was sparked when a police officer responded to […]

March 5, 2024 3

Sport

Switzerland’s Meillard seizes Aspen World Cup slalom

Switzerland's Loic Meillard snatched victory in the Alpine World Cup slalom at Aspen, Colorado, on Sunday as first-leg leader Clement Noel crashed out on the second run. Meillard topped the podium after two giant slalom runner-up finishes behind his invincible Swiss teammate Marco Odermatt, finishing with a total time of 1min 42.73sec. He was .89sec ahead of Germany's Linus Strasser with Norway's Henrik Kristoffersen third, 1.17sec adrift. The race […]

March 4, 2024 3

Sport

Duplantis retains world indoor pole vault title, no world record

Sweden's Armand 'Mondo' Duplantis battled through an early blip to defend his world indoor pole vault title in Glasgow on Sunday. Duplantis won with a best clearance of 6.05 metres, going close in three efforts at 6.24m in a bid to better his own world record. American Sam Kendricks took silver with a best of 5.90m and Greece's Emmanouil Karalis bronze (5.85). Duplantis came in at 5.65m, sailing over […]

March 4, 2024 2

Sport

NBA Celtics overwhelm Warriors while Clippers edge T-Wolves

NBA overall leader Boston delivered a devastating and historic performance in routing the Golden State Warriors 140-88 on Sunday, stretching the Celtics' win streak to 11 games. It was the third-largest blowout victory in Celtics history, a legacy dating to 1946. Boston's Jaylen Brown scored 25 of his 29 points in a record-shattering first half while Jayson Tatum celebrated his 26th birthday by scoring 22 of his 27 points […]

March 4, 2024 4

Sport

Yuan beats Wang in Austin final to capture first WTA title

Eighth seed Yuan Yue outlasted sixth seed Wang Xiyu 6-4, 7-6 (7/4) to win her first WTA title on Sunday, capturing an all-Chinese final at the ATX Open. Yuan needed two hours and 13 minutes and seven championship points to subdue Wang, who rallied from 5-2 down in the second set to force a tie-break in the showdown at Austin, Texas. In her only prior WTA final, Yuan had […]

March 4, 2024 3