Lesotho: Nedbank Group Achieves Profit Targets

The Nedbank Group has once again achieved a stellar performance, attaining all its targets for the financial year ended 31 December 2023.

According to the bank’s managing executive: Nedbank Africa Regions (NAR), Terence G Sibiya, the financial institution grossed M15.7 billion in earnings despite a challenging operational environment, an 11 percent increase from the previous year.

The results are for the NAR group which encompasses Lesotho, South Africa, eSwatini, Mozambique, Namibia and Zimbabwe…