Unemployment continues to plague some major economies, but one holds the questionable distinction of having the highest unemployment rate of all, and that country is South Africa. At 29.1 percent, South Africa’s colossal unemployment rate is regarded as the top concern by many of the nation’s citizens and government officials. Joblessness is particularly devastating for youth, women and blacks, but what steps must the government take to improve the situation?
Interview with Mr. Ciko Thomas, Group Managing Executive, Retail & Business Banking; Mr. Mike Brown, Group Chief Executive; and Mr. Mfundo Nkuhlu, Chief Operating Officer of Nedbank
Nedbank is among South Africa’s top four banks, offering a range of wholesale and retail banking services to an equally varied clientele. In our interview, three of its top executives, Ciko Thomas, Mike Brown and Mfundo Nkuhlu, discuss a bank that aims to use its financial expertise “to do good for individuals, families, businesses and society”.