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FirstRand ploughs R4.7-billion into Optasia ahead of JSE listing

eriinfo.com3 months ago05 mins

FirstRand CEO Mary Vilakazi FirstRand Group has committed R4.7-billion to buy 20.1% of soon-to-be-listed multinational fintech Optasia. The deal, announced in a statement on Monday, comes as Optasia eyes a listing on the JSE at a potential valuation north of R20-billion. “This is a significant investment by FirstRand and reflects strong confidence in Optasia’s model…,”…

Car ploughs into crowd outside LA nightclub, injuring 30

eriinfo.com6 months ago03 mins

Thirty people have been injured after a vehicle drove into a crowd queuing to get into a nightclub in Los Angeles. Seven were critically injured and six were in a serious condition after the crash in East Hollywood, the LA Fire Department (LAFD) said. A line of mostly women were waiting to enter the Vermont…