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JSE rises 1.4% as Nedbank flags better banking conditions ahead

The JSE All Share rose 1.403% to 114256.28 on August 4, while the Top 40 added 1.5595% to 106201.46. Nedbank said its first half was flat but sees improved banking conditions ahead, according to Business Day. Separately, Nedbank said COO Nkuhlu will take early retirement and the bank is scrapping the chief operating officer role, according to ITWeb, Moneyweb and News24. Outside finance, an international retailer quietly exited South Africa by selling 90 stores for R1, businesstech.co.za reported.

Johannesburg Stock Exchange — Sibanye Jumps 5.8% as Platinum Spike Offsets Brent’s 5.1% Slide

The JSE rose 1.40% on August 4, 2026, led by precious-metals miners as platinum surged 8.4%. In contrast, Sasol fell 2.2%, hit by Brent’s 5.1% drop despite a firmer rand.

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