Africa's Top Lender Names Vilakazi as Its First Female CEO (1)
FirstRand Ltd. named Mary Vilakazi as the first black female chief executive officer of Africa’s biggest lender by market value.
Source: bloomberglaw.com
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SA Company Results: The Latest
Your one-stop shop for all the latest corporate results of South Africa's major companies.
Source: dailymaverick.co.za
SA banks have already cut their losses and earnings forecast looks sunny
If interest rates begin to fall by March next year, the credit loss outlook for banks will improve. However, in the interim, the mobile virtual network operator (MVNO) space is giving banks an opportunity to diversify income streams while providing an attractive value add and moving customers o...
Source: dailymaverick.co.za
FirstRand's lending strategy shields against bad loan surge
FirstRand Ltd., SA's largest bank by market value, took a cautious approach post-Covid, avoiding a surge in bad loans plaguing competitors.
Source: biznews.com
S.African lender FirstRand sees tough FY24, but assures growth
JOHANNESBURG -South African lender FirstRand said on Thursday it would see slower growth in corporate and retail loans in the 2024 fiscal year, but assured it would post shareholder returns, led by a...
Source: marketscreener.com