South-Africa: Nedbank pays R600m to make Transnet ‘State Capture’ nightmare go away

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26 Nov 2025, 10:57 am

Key topics: Nedbank pays Transnet R600m in interest swap dispute, admits no guilt

Settlement avoids costly litigation, preserves key Transnet business ties

Disputed profits: Nedbank claims R43m, SIU alleges R2.7bn excess profit

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