Africa: Nedbank Earnings Rise 2 Percent After Ecobank Exit and Transnet Settlement
Nedbank Group reported a 2% increase in headline earnings to R17.2 billion for the year ended Dec. 31, 2025, as it completed the sale of its Ecobank stake and settled a dispute with Transnet. Diluted headline earnings per share rose 3% to 3,628 cents. Return on equity eased to 15.4% from 15.8%. The bank declared…