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Absa Group Ltd. advises of the appointment of Swithin J. Munyantwali, currently chairman of the Barclays Bank of Uganda board, as non-executive director to the Absa Group Ltd. board with effect from 15 September 2019.

Absa has taken note of the Public Protector, Advocate Busisiwe Mkhwebane's assertion today that her office subpoenaed Absa to provide bank account information relating to her investigation into the President.

We launched a #BeatPlasticPollution campaign as a commitment to reducing our environmental footprint. The group has replaced a range of single-use plastic items used by about 22 000 staff members daily at restaurants and coffee bars at nine of its sites in South Africa.

Absa Group Limited today announced another successful migration project following on from the completion of the core banking system migration of six subsidiaries (Tanzania, Ghana, Botswana, Zambia, Mauritius and Seychelles) in April 2019. The latest project was undertaken during 18-19 May 2019 and it unlocks further benefits, including upgraded infrastructure and new customer interfaces in some instances.

The World Bank’s Identification for Development (ID4D) Initiative is partnering with WorkInProgress, an Absa Innovation Lab in Cape Town, to host a ‘solveathon’ workshop for the inaugural Mission Billion Challenge.

WorkInProgress, Absa’s Innovation Lab, hosted a hackathon in Cape Town last week where students, business and academia came together to develop ideas on what Africa can do to influence the current and future industrial revolutions.

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) erased most of last month’s gain and fell to 45.4 index points in May from 47.2 points in April. Barring a drop to 45 points in March, this is the weakest level since October 2018.

Two of Absa Group’s subsidiaries have been named overall winners of the Market Leader Award in the 2019 Euromoney Cash Management Survey.

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 45.7 index points in August, down from 52.1 in July.

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 46.2 index points in June 2019, up from 45.4 in May.