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FirstRand Declares Dividend in Expectation of South Africa Recovery

FirstRand Declares Dividend in Expectation of South Africa Recovery Bloomberg 3/4/2021 Roxanne Henderson © Bloomberg Commuters wearing protective face masks cross Strand Street in Cape Town, South Africa, on Monday, Jan. 11, 2021. The pandemic and restrictions imposed to contain it have devastated Africa s most industrialized economy, and the extension of curbs that came into effect at the height of the holiday season bode ill for efforts to engineer a rebound. (Bloomberg) FirstRand Ltd. declared an interim dividend after withholding its final payout last year while Africa battled the worst of the coronavirus pandemic, delivering a sign of confidence even with the continent’s vaccine plans at an early stage.

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