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Maroc Maroc - KAYA959.CO.ZA - A la une - 26/Nov 09:39

Nedbank pays Transnet R600 million to settle legal dispute

Zuko Komisa Nedbank Group has agreed a confidential commercial settlement of R600 million with state-owned logistics firm Transnet, resolving a year-long legal row over interest-rate swaps. The payment, made without any admission of liability, ends a case brought by Transnet and the SIU to recover funds from swap deals dating [...]

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