{"id":3273,"date":"2021-09-14T10:42:25","date_gmt":"2021-09-14T10:42:25","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-lesotho-shines"},"modified":"2021-09-14T10:42:25","modified_gmt":"2021-09-14T10:42:25","slug":"nedbank-lesotho-shines","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-lesotho-shines","title":{"rendered":"Nedbank Lesotho shines"},"content":{"rendered":"

Africa-Press<\/a> – Lesotho<\/a>. <\/strong><\/span>AMID challenging economic times, Nedbank Lesotho\u2019s performance is faring better comparative to operations in neighbouring South Africa. Group CEO Mike Brown said this during his visit to Lesotho last week.<\/p>\n

Brown noted that times are tough for businesses, making it difficult for them to grow. He cited political instability and policy uncertainty as among the key factors constraining investors from investing and growing the economy.<\/p>\n

Even though economic growth is said to be at a low, Brown said Nedbank will continue to cater for its clients\u2019 needs and provide them with a good banking experience such as aligning operations to latest technological advancements.<\/p>\n

The bank, he said, has invested M2 billion on new technologies so far. He stated that digitisation is critical for the banking industry and Nedbank\u2019s clients should expect more products.<\/p>\n

Finance Minister, Dr Moeketsi Majoro, urged banks to consider investing in tourism. He stated that the government has already taken an initiative through the economic labs project to bring investors and entrepreneurs together.<\/p>\n

The new CEO of Nedbank, Nkau Matete, said it is high time the private sector takes matters into their hands and not wait for the government. \u201cThe government will find us on the way after sorting itself out. What we need to do is grow this economy,\u201d Matete said<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. AMID challenging economic times, Nedbank Lesotho\u2019s performance is faring better comparative to operations in neighbouring South Africa. Group CEO Mike Brown said this during his visit to Lesotho last week. Brown noted that times are tough for businesses, making it difficult for them to grow. He cited political instability and policy uncertainty […]<\/p>\n","protected":false},"author":84,"featured_media":3272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,246,245,533],"class_list":["post-3273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-lesotho","tag-nedbank"],"yoast_head":"\nNedbank Lesotho shines - Lesotho<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-lesotho-shines\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nedbank Lesotho shines\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Lesotho. AMID challenging economic times, Nedbank Lesotho\u2019s performance is faring better comparative to operations in neighbouring South Africa. Group CEO Mike Brown said this during his visit to Lesotho last week. Brown noted that times are tough for businesses, making it difficult for them to grow. 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