Nedbank's prospects for 2018 look positive, with an anticipated cyclical recovery in the economy as confidence improves. This is expected to initially benefit the Corporate and Investment Banking, and Wealth Clusters, before spreading to the rest of the business. "I'm pleased to report that our 2018 guidance is for stronger earnings growth, driven by a recovery in revenue, progress with the turnaround at ETI, and continued focus on expense optimisation and risk management," explained Brown. "Nedbank's guidance for 2018 is for growth in diluted headline earnings per share of at least gross domestic product growth, plus consumer price inflation, plus five percentage points." 2017 Highlights Headline earnings growth of 2,8% (7,8% from managed operations), with a stronger second half. Improvements were driven by lower impairments, while income from associates was negative in the first half and positive in the second half.