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The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 2.2 points to reach 47.2 index points in April. This was the first increase after three months of declines in the headline PMI. However, the PMI remains below the neutral 50-point mark and is more or less in line with the average recorded in the first quarter of 2019. This means that factory conditions stabilised at a fairly depressed level at the start of the second quarter.

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) measured 52.1 index points in July, up from 46.2 in June. This is the first reading above the neutral 50-point mark since December 2018 with the improvement well supported by the underlying subcomponents. Four of the five major subcomponents came in above the neutral 50-point mark, signalling an expansion in activity.

Absa Wealth Management has won several first places in the prestigious Euromoney Private Banking and Wealth Management Survey 2019, testimony to the bank’s excellent Wealth offering.

Barclays operations in Nigeria have officially re-branded to Absa, in line with parent company Absa Group’s strategic plans on the continent.

We have stepped up efforts to combat a recent spike in illicit debit orders and will file criminal charges against those suspected of being responsible.

We have summarised Finance Minister Tito Mboweni’s one-hour maiden Budget speech, in which he had to juggle a lack of revenue, a need to cut costs, and urgent spending requirements, to bring you what you need to know.

We celebrate Women’s Month by profiling some outstanding women in our organisation.

Absa in partnership with the South African National Association for the Visual Arts (SANAVA) today announced the winners of the prestigious Absa L’Atelier competition, which celebrated its 34th year and saw rich and diverse talent emerge from across the continent.

SingularityU South Africa brings together leading exponential technology thought leaders from around the world to address education, energy, poverty, prosperity, and water.

By signing the Principles for Responsible Banking, Absa joins a coalition of 130 banks worldwide, representing over USD 47 trillion in assets, in committing to taking on a crucial role in helping to achieve a sustainable future.