June 22, 2026
Slow growth and disputed ownership figures expose cracks in transformation

Nedbank chief operating officer Mfundo Nkuhlu has challenged South Africa to move beyond compliance-driven transformation, warning that without economic growth, transformation risks becoming a mere process of transfer of resources. Speaking at the Nedbank Top Empowerment Conference on Wednesday, Nkuhlu placed the spotlight on the need for transformation that is inclusive…
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