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The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked down to 47.7 index points in November from 48.1 in October. The decline was broad-based as four of the five subcomponents of the headline PMI nudged down when compared with the previous month. Despite the decline, the average level of the PMI in October and November is still slightly above that recorded in the third quarter.

Absa looks to promote intra-regional trade and investment through a US$ 250 million trade finance deal

Absa looks to promote intra-regional trade and investment through a US$ 250 million trade finance deal

We have partnered with the Maharishi Institute (MI) to set up the Absa Cybersecurity Academy to address a skills shortage.

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.

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

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.

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.

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.

In all our businesses we have colleagues from different African countries, something of which we are very proud. We are deeply disturbed by the violence and attacks that this is happening in our country, and we condemn it in the strongest terms.