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The Absa Purchasing Managers’ Index (PMI) declined to 52.6 index points in November from the solid 60.9 points recorded in October.

Absa Group Financial Director Jason Quinn was named CFO of the Year at the 2020 CFO Awards on 25 November

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The awards recognise Absa’s efforts in ensuring that the group continued to service customers across Africa daily, while adjusting to fast-moving government regulations in multiple countries…

The Absa Purchasing Managers’ Index (PMI) rose to a solid 60.9 index points in October, up from a revised* 58.5 index points in September.

Absa Group scales up community support initiatives in face of COVID-19

The award was made in recognition of Absa’s role in the Absa Cybersecurity Academy that provides marginalised youth with the opportunity to become certified cybersecurity specialists.

The Absa Purchasing Managers’ Index (PMI) ticked up further to 58.3 index points in September. The shift to a lower lockdown level mid-month likely drove the further improvement in business

Absa Group Ltd. today reported an 82% decline in normalised interim earnings after impairments increased four-fold to R14.7 billion. Impairment charges rose as customers and clients struggled to repay debt and as the Group took decisive action to increase impairment provisions against future potential credit losses