Nedbank Group Releases B-BBEE Certificate and Annual Compliance Report

Nedbank BBEEE Status 2023
  • Nedbank Group releases B-BBEE certificate and annual compliance report, showcasing transparency and regulatory adherence.
  • Reports can be accessed on the Nedbank Group website, underscoring the company’s commitment to diversity and inclusion.
  • Acknowledgment extended to sponsors in South Africa and Namibia for their support in promoting transformation and economic empowerment.

Nedbank Group Limited has announced the publication of its Broad-Based Black Economic Empowerment (B-BBEE) certificate and the annual compliance report. This significant development showcases Nedbank Group’s commitment to transparency and adherence to regulatory requirements.

In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Limited Listings Requirements, Nedbank Group has released its B-BBEE certificate and the Company’s annual compliance report (case number: 9/5/2023). These reports pertain to the provisions outlined in section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act, No 46 of 2013.

Shareholders and stakeholders can access the B-BBEE certificate and annual compliance report on the Nedbank Group website at the following link: https://www.nedbank.co.za/content/nedbank/desktop/gt/en/aboutus/corporategovernance/Transformation.html.

By publishing these reports, Nedbank Group aims to foster transparency and accountability in its operations. The Company recognizes the significance of B-BBEE compliance and the importance of promoting a diverse and inclusive economy.

Nedbank Group’s commitment to transformation and empowerment aligns with its long-standing vision of driving sustainable growth and contributing positively to the communities it serves. As a reputable financial institution, Nedbank Group understands the pivotal role it plays in fostering socio-economic development and creating equal opportunities for all.

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