FirstRand News

Latest Articles

• Remgro Finalises FirstRand Exit with R3.6 Billion Share Disposal to Bolster Strategic Cash Reserves

  Published: Apr 22, 2026

  Section: Africa

  Remgro, the investment vehicle chaired by South Africa’s wealthiest individual Johann Rupert, has concluded its divestment from FirstRand. The group sold its remaining 1.64% stake...

• Optasia Secures R5.4 Billion Refinancing Deal Led by Standard Bank to Drive African Growth

  Published: Apr 12, 2026

  Section: FinTech Business

  Global fintech giant Optasia has finalized a $330-million syndicated refinancing package to support its expanding artificial intelligence-driven financial services. The deal, spear...

• FirstRand Reclaims Most Valuable Bank Title and Invests R1.5 Billion to Expand AI Fintech Foothold in Optasia

  Published: Mar 29, 2026

  Section: Africa

  FirstRand Limited has increased its shareholding in the Dubai-headquartered fintech firm Optasia to 26.1% through a strategic R1.5 billion acquisition of additional ordinary shares...

• FirstRand Provisionally Reserves R5.8 Billion For UK Motor Finance Litigation Despite Strong Interim Earnings Growth

  Published: Mar 5, 2026

  Section: Africa

  FirstRand, the parent company of FNB, has set aside approximately R5.8 billion (£240 million) to cover potential compensation claims involving its UK motor finance business, MotoNo...