South African banker Jason Quinn-led Nedbank settles $34.8 million dispute
Billionaires Africa | 27.11.2025 19:42
Nedbank, South Africa’s financial services group led by banker Jason Quinn, has agreed to pay Transnet R600 million ($34.8 million) in a confidential settlement, ending a year-long legal dispute over interest-rate swaps. The settlement, which carries no admission of liability, reflects the two companies’ effort to avoid prolonged court proceedings while preserving their long-standing business relationship.
