12 South African Stocks To Watch In 2015

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Written by Julia Austin
Ashburtoninvestments.com
Ashburtoninvestments.com

 

FirstRand

FirstRand bank produced a 24-percent return on equity in 2013 and is a top 10 company on the Johannesburg Stock Exchange. One of FirstRand’s cofounders, Sizwe Nxasana, said the company is in the process of several initiatives aimed at increasing earnings. The bank intends to open a retail banking division in Nigeria and a mini FirstRand in Ghana.

Source: Financialmail.co.za