Nedbank optimistic on Zim business

THE Nedbank Group (Nedbank) says it is optimistic about its Zimbabwe business’ prospects as it has been performing well despite the difficult economic environment.
In an interview with The Financial Gazette, Nedbank chief executive Mike Brown, who was in the country this week to meet the institution’s stakeholders, said this year Zimbabwe has contributed well to the group’s overall performance largely driven by the US$ capital and the depreciation of both the rand and the Zim dollar.