Africa’s first certified green loan to Absa Bank Ltd, announced today by the International Finance Corporation (IFC), will increase funding for biomass and other renewable energy projects in South Africa
Absa Group Limited has appointed Deon Raju as Chief Risk Officer, with effect from 1 June 2021. Deon is currently Absa Group Treasurer, primarily responsible for the liquidity risk, funding, capital, and non-traded market risks of the Group.
Absa Group appoints Deon Raju as Chief Risk Officer with effect from 1 June 2021. Deon is currently responsible for the funding and non-traded market risks of the Group.
The Absa Group Board and the Group Chief Executive, Daniel Mminele have come to an agreement pursuant to which he has stepped down as a director and Group Chief Executive and will be leaving the group with effect from 30 April 2021.
20 April 2021
Daniel Mminele Steps Down as Absa Group Chief Executive
The Absa Group Board and the Group Chief Executive, Daniel Mminele, have come to an agreement that he steps down as director and CE with effect from 30 April 2021.
Absa Group has launched a cloud incubator initiative with Amazon Web Services Inc. (AWS), to enhance its cloud computing skills across its operations in Africa.
6 April 2021
35th Edition of Absa L’Atelier challenges young African artists to ‘Act their Art’
Absa L’Atelier’s 35th edition calls artists to ‘Act their Art’
1 April 2021
Absa Purchasing Managers’ Index (PMI) increases for the third consecutive month in March 2021
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose for a third consecutive month to reach 57.4 index points in March, from 53 the month before.
15 March 2021
Absa Earnings Decline; 7% pre-provision profit growth indicates positive underlying performance
A 51% decline in normalised headline earnings to R8 billion after impairments nearly trebled to R20.6 billion amid the economic downturn that was precipitated by the COVID-19 pandemic.