South African Banks Balk at Backing Emergency Power Bidders
A court case filed by a losing bidder in South Africa’s emergency power program threatens to delay the provision of the electricity by months as banks balk at providing funding because of the risk of an adverse judgment.
absa
acwa power
development bank of southern africa
dng energy
electricite de france
eskom
investec
karpowership
nedbank
rand merchant bank
scatec
totalenergies
So interesting set of events have happened with Nedbank. They seem to be blissfully unaware of anything related to POPIA.
They will send your ID in the clear over email and happily forward it around internally and to clients. There is no secure portal to upload any sensitive information. Even in...
Nedbank launched an online car mall — here are 8 deals for under R200,000
Nedbank’s lockdown-focussed Avo division has launched an online vehicle mall that will allow potential car buyers to communicate with dealers easily, BusinessTech reported.
It said that the addition of AvoAuto to the...
Any suggestions on the best SA bank for if you need a SA bank account but are also going overseas for 3-6 months at a time? I will be heading overseas soon but still need to keep my SA bank account for salary payments to go into and out of. I'll be overseas for 3-6 months and will be getting a...
Rand strengthens with R14.00 to US Dollar
The rand has broken through R14.00 to the US Dollar and is trading at levels last seen in January 2020.
The rand was one of the currencies which were the hardest hit after the COVID-19 pandemic started to spread around the world.
The local currency...
We have partnered with Nedbank to promote their business accounts. You could win a cash prize of R1,000.
To enter:
- Click on the Nedbank banner above this announcement.
- Mobile link. [Link]
- Tell us in the thread below which Nedbank Business Account you would choose and why.
- One entry per...
We have partnered with Nedbank to promote their business accounts. You could win a cash prize of R1,000.
To enter:
- Click on the Nedbank banner above this announcement.
- Mobile link. [Link]
- Tell us in the thread below what a Nedbank Business Account offers.
- One entry per member.
The...
I've been using the month to month 4g package. I canceled in Feb. 1st of March I was still debited. On the site it shows next payment date 1st April. I have been trying to get hold of them. How do I remove my banking details. I was under the impression. That you pay for the month ahead. Reading...
Nedbank credit card users receive "sneaky charges"
Consumer journalist Wendy Knowler has taken aim at Nedbank’s credit card charges, which she described as insincere and potentially illegal.
Speaking to The Money Show with Bruce Whitfield, Knowler described a Nedbank client’s unhappiness with...
Are there any ways to use a credit card to make transfers to another bank account. Obviously EFTs are possible but im looking for a way to not do EFTs on the credit card.
My initial thought was to generate a QR code (via snapscan, zapper or Fnb speedpoint) and then just make card payments to...
Nedbank now lets clients use their smartphones as payment terminals
Nedbank has launched new functionality which allows merchants and business owners to convert their mobile phones into contactless payment acceptance devices.
Called "tap-on-phone", this technology makes it far easier for...
Nedbank client data hack - All the details
Last week Nedbank announced that it has discovered a security breach at Computer Services Ltd, a third-party service provider which issues SMS and email marketing on behalf of the bank.
This security breach compromised the personal information of...
Can anyone give me a review of Nedbank? The all-round experience, feel and customer service.
I’m thinking about becoming a client as most of the other banks has screwed me over in one way or another.
Any feedback would be greatly appreciated.
I am sick and tired of bad service from banks and having to put up with issue after issue that cannot be resolved easily due to incompetence.
I’m almost convinced the one is as bad as the other.
Therefore I want to find out what banks (according to you guys - the experts - on here) is the...
Nedbank launches new lite banking app
Nedbank has launched its new Money App Lite banking application for Android.
Money App Lite is a streamlined and lighter version of the Nedbank Money banking app, catered to clients who use smartphones with limited data or device memory.
Hi all!
How much do you get back on eBucks since the "new rules" have been applied from 1 July 2018?
I am currently with Nedbank and get back around R150 on my Greenbacks but seeing all these cashback offers on fuel, Checkers, etc. makes me want to consider moving to FNB.
What do you think?
Hi all!
I'm a very happy Capitec client.
My favorite feature is the multiple savings pockets.
Makes budgeting and saving towards goals that much easier.
Unfortunately they only offer a maximum of four.
Nedbank offers 10, so that seems pretty damn good.
Unfortunately they apparently...
Nedbank MasterPass misinformation – what you need to know
Bankers and call centre staff at Nedbank have told clients they must install the MasterPass app to shop online.
Hi All,
At the beginning of the year I had a standard bank Prestige acc which I closed and moved to Nedbank for a lower fee structure (R135pm for platinum bcz I'm a young professional) and the hope of better service. I'd been with std ever since my parents opened an account for me when I was...