- Market report: Storm of disappointing developments keep investors cautious
- AFSIC – Investing in Africa – more than just a conference
- AFSIC interview with Chris Chijiutomi, MD & Head of Africa, British International Investment
- 18th Edition Connected Banking Summit – Innovation & Excellence Awards - West Africa 2024.
- AFSIC - 5 Weeks to Go - Join our Africa Country Investment Summits
FirstRand First-Half Profit Rises 13% After Bank Boosts Lending
JOHANNESBURG (Capital Markets in Africa) – FirstRand Ltd., Africa’s biggest bank by market value, said fiscal first-half profit rose 13 percent after lending increased and its insurance operations sold more policies. Net income increased to 11.89 billion rand ($904 million) in the six months ended Dec. 31, from 10.48 billion rand a year earlier, the Johannesburg-based company said in a statement on Thursday. The interim dividend rose 10 percent to 1.19 rand a share, exceeding growth in so-called…
Read More