Company Data
| Last traded |
R25.00 |
| Change |
R-0.06 |
| % Change |
-0.24% |
| Cumulative volume |
12.14m |
| Market cap |
R140.95bn |
Related Articles
Top Stories
May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
Johannesburg - FirstRand [JSE:FSR] plans to start a retail
banking business in India in December, Business Day newspaper said on
Tuesday.
FirstRand, South Africa's second-largest bank, already has a
full commercial banking licence in India, and a presence in Mumbai. It will
become the first African lender to start retail banking in the Asian country,
the newspaper said.
"India's gross domestic product grew 7.5% in the second
quarter of this year and is expected to maintain growth at similar levels for
decades to come. Compared with South Africa's long-run economic growth rate of
about 3.5%, it is apparent why India is a really attractive market for
us," Michael Jordaan, chief executive of FirstRand’s retail arm, was
quoted as saying.