4 September

We have noted with grave concern the incidents of violence and looting in parts of Johannesburg and Pretoria in South Africa. The violence, which has also been directed at foreign owned businesses in these areas, is unacceptable and goes against South Africa's constitutional values, and Absa’s own values.

We condemn it in the strongest terms.

Diversity is a strength that is at the heart of our business. In all our businesses we have colleagues from different African countries, something of which we are very proud. As Africans, we should be sharing goodwill that binds us together for mutual development and prosperity across our continent. We are therefore deeply disturbed that this is happening in our country, and wish to reiterate that Absa has zero tolerance for all forms of discrimination.

We appeal to everyone to spread a message of tolerance and good neighbourly relations to all their friends, family and communities.