
Mary Vilakazi leads Africa’s biggest lender to $1.23 billion half-year profit
Led by South African banker Mary Vilakazi, FirstRand continues to demonstrate resilience and solid returns for shareholders despite challenging economic conditions.
Led by South African banker Mary Vilakazi, FirstRand continues to demonstrate resilience and solid returns for shareholders despite challenging economic conditions.
This remuneration reflects her instrumental role in steering the company’s growth and maintaining its industry dominance.
FirstRand has delivered modest returns since the start of 2024, with local investors seeing a 9.17 percent increase in share price.
This growing fortune reinforces his position as one of South Africa's wealthiest executives and among the top investors on the JSE.
Collaboration positions FirstRand as first Southern African bank in Proparco’s Trade Finance Guarantee Program.
South African businessman Johan Burger sees $3.03 million dip in FirstRand stake
This decline reverses a $1.51 million gain between Oct. 9 and 18, when Pullinger's stake rose from $31.52 million to $33.03 million.
In its appeal, FirstRand argues that motor dealers should not be held to fiduciary standards or be required to provide impartial advice.
This marks a significant milestone for Pullinger, who holds a 0.13 percent stake, equivalent to 7,079,000 ordinary shares in FirstRand.
Laurie Dippenaar currently holds a 1.76-percent stake in FirstRand, amounting to 98,726,988 shares, making him one of South Africa’s leading investors.
This issuance brings the total amount outstanding under the company’s seven-year bond program to R41.01 billion ($2.22 billion).