Latest articles on Firstrand Bank

Although one independent evaluation shows that some banks have been shedding jobs, other banks are hiring

The African Bank, which relied on unsecured lending, has diversified its product offerings

A programme to help Uber drivers obtain vehicles has proven exorbitantly expensive — and drivers still won’t own their cars in the end

FirstRand bank has shown interest in buying three banks from Nigeria’s Asset Management, including Mainstreet and Keystone.

Investec bank has loaned about R240-million rand to First Strut, the Johannesburg based company that is in liquidation.

South African mobile telecommunications group Vodacom and its shareholders, together with Rand Merchant Bank, a division of FirstRand Bank, are currently in the process of structuring a R7,5-billion black economic empowerment (BEE) transaction, it said on Monday. The Vodacom group said that its BEE transaction was "well on track".

Having for the first time in a decade halted the draining away of freight transportation from the railways to the roads, Maria Ramos, the chief executive of Transnet, is aiming to win back a large slice of the business. "Not all cargo on the roads is suitable for rail," Ramos explained in Cape Town on Wednesday, "but we are targeting the container traffic aggressively."