JSE ends flat as Nedbank keeps 2026 guidance intact
The JSE All Share rose 0.04% to 110271.44, while the Top 40 slipped 0.06% to 101834.31. Nedbank kept its 2026 earnings outlook and said it remains on track to meet full-year guidance, even as it cut its GDP growth forecast amid geopolitical tensions, according to IOL and Business Day. Regionally, Nedbank's takeover of NCBA cleared 2 regulatory hurdles at COMESA and EACCA, reports Billionaires.Africa, while Tharisa secured a $45 million facility from Nedbank to support underground mining, according to Vox Markets. Absa plans to raise its stake in its Kenya unit, CNBC Africa reported, while Prosus published annual results on June 29 and Naspers announced a distribution, virtual AGM notice and dividend, according to JSE filings.
Related stories
Absa advances in H1 as JSE ends little changed despite Nedbank warning
The JSE All Share rose 0.10% to 116,828.14 points and the Top 40 added 0.13% to 109,534.57, with banking headlines setting the tone. Absa posted a 4% rise in H1 2026 revenue, an 8% increase in headline earnings and said it expects its annual CET1 ratio at the top end of its board target range, according to Africa Business Communities, FXLeaders and TradingView, while The Africa Report says it booked a $15.5 million dividend ahead of a higher stake in its Kenya unit. Nedbank will not replace COO Nkuhlu in a leadership shake-up, according to Bizcommunity, while Novus Press Bulletin reports the bank warned South Africa's economic recovery is losing momentum. On the market side, the JSE expanded its actively managed ETF segment with a new income-focused listing, according to Africa Business Communities, while Moneyweb reports Nedbank CIB helped structure Harmony's $1.25 billion financing for international growth.
SANRAL Interest Payment Notifications - BINRA
ABSA BANK LIMITED - NOTICE TO INCREASE NOMINAL AMOUNT OF THE PROGRAMME