FirstRand’s fair value estimate is ZAR104.45 per share, and the latest update keeps this price target in line with the prior ...

FirstRand Ltd.’s profit rose 10% as South Africa’s biggest lender by market value boosted loans in its home market. Net income increased to 20.9 billion rand ($1.14 billion) in the six months through ...

Morgan Stanley downgraded FirstRand (FANDF) to Equal Weight from Overweight with an unchanged price target of ZAR 8,400. The recent trading update detailed a “solid operational performance,” but UK ...

FirstRand Ltd. has turned more bullish on South Africa’s economy, and now sees a greater chance of economic growth accelerating to 2% and the rand strengthening to below 16 per dollar next year. South ...

JOHANNESBURG, June 9 (Reuters) - South Africa's FirstRand Ltd has appointed Sizwe Nxasana, head of its core banking unit and a former chief of telecoms firm Telkom , as its new chief executive. Sign ...

Good morning, everyone, and welcome to the FirstRand's Annual Results Presentation for the year ended June 2025. Let's start with the operating environment. The macroeconomic environment over the last ...

South African banking group, FirstRand, is to open a Guernsey branch. The Guernsey Financial Services Commission (GFSC) issued a deposit-taking licence to FirstRand’s Guernsey branch on 17 October.

A 258MW solar project in South Africa’s Northern Cape province. Image: Scatec. The European Investment Bank (EIB) and FirstRand Bank have allocated €400 million (US$444 million) to support the ...

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Investment holding company Remgro Limited has fully exited its long-standing stake in FirstRand Limited, marking the end of a relationship that spanned almost 30 years and signalling a decisive shift ...