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Nedbank tackles money laundering

Nedbank has deployed an anti-money laundering solution to improve its FICA compliance.

Paul Vecchiatto

Cutting card transaction costs

Nedcor and iVeri have found a new way to use old telephone technology to reduce credit card transaction costs for small businesses.

Paul Vecchiatto

Nedcor aims for model CSI projects

Nedcor has embraced the Digital Hope model to ensure success of corporate social investment (CSI) projects.

Warwick Ashford

Nedcor to close W.Cape, KZN data centres

Nedcor is to close three data centres in the Western Cape and KwaZulu-Natal as the troubled banking group restructures.

Paul Vecchiatto

Nedcor to slash IT systems

Banking group Nedcor is to cut its number of IT systems by almost half by the end of 2004 to bed down its merger with BoE.

Paul Vecchiatto

Didata hits Nedcor earnings

The technology sector fallout has left its mark on banking group Nedcor`s earnings, with the group incurring a R690 million after-tax write down on its holdings in Dimension Data.

Nedbank launches three new funds-of-funds

Nedbank has launched three risk profiled, multi-managed fund of funds, namely the Aggressive, Balanced and Conservative Fund of Funds. The aim is to cater for retail clients` risk profile in a complex and unpredictable market.

Nedcor takes R3.7bn hit on Dimension Data nosedive

Nedcor`s R3.7 billion write down on Dimension Data`s share price tail-spin caused the bank`s headline earnings to fall below the 25% growth rate for the first time in four years.

Paul Vecchiatto

Nedcor, DiData beklink transaksie van R9 miljard

Nedcor gaan sy belange in Dimension Data International verruil vir `n 8,2% aandelebelang in Dimension Data Holdings plc en R1,8 miljard in kontant. Dit vorm deel van `n R9 miljard-transaksie wat verlede maand aangekondig is.

Nedcor to gain R5.2b in DiData share conversion

Nedcor is set to make an investment gain of R5.2 billion when it converts its holding in Dimension Data International for a stake in the London-listed Dimension Data plc.

Nedcor takes stake in IQ Business

Nedcor`s latest foray into the IT sector sees it taking a 25.1% stake in The IQ Business Group for R142.4 million.

Reunert gets control of new cellular company

NedTel Cellular and Nashua Cellular have released details of the planned merger announced in March. The deal puts Nashua Cellular parent, Reunert, as the controlling shareholder of the new entity.