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News
Media centre
The latest news about Absa Group Limited. The group is listed on the Johannesburg Stock Exchange and takes an active interest in all the African countries in which Absa is represented.
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2023
Absa Ranked Top In LinkedIn Survey Of SA Companies Helping Employees Build Careers
Absa was rated top among “the 25 best workplaces to grow your career” in an annual survey by LinkedIn, the world's largest professional network with more than 900 million members....
2023
Absa Group Collaborates With Women In Tech To Empower Women And Help Them Thrive In Their Technology Career
Absa Group is proud to announce its collaboration with Women in Tech, an international non-profit organisation whose mission is to close the gender gap and support women in pursuing careers...
2023
Absa Supports Conference Aimed At Finding Solutions To SA’s Energy And Climate Challenges
Absa is proud to announce its support of The Gathering: Earth Edition, Daily Maverick’s first sustainability and climate-crisis-focused conference, and the extension of its sponsorship of Our Burning Planet, Daily...
2023
Experience Africanacity At This Year’s KKNK
The proud African bank, Absa, recognises the importance of supporting the arts and culture in South Africa. With a commitment of investing in South Africa's arts industry, Absa is excited...
2023
Absa Purchasing Managers’ Index March 2023
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked down slightly in March to 48.1 from 48.8 in February. After a solid start to the year, this was the second...
2023
Absa To Extend Energy Grants To SMEs Amid Crises
Struggling businesses will soon be able to apply for their share of the R50 million in grants to keep their businesses running. In a move aimed at supporting and growing...
2023
Absa To Implement Landmark B-BBEE Transaction
Absa Group has finalised the details of a new broad-based black economic empowerment (B-BBEE) transaction, to be implemented later this year, subject to shareholder approval. The transaction will strengthen Absa’s...
2023
Absa Group Announces Net Zero Targets As Part Of Broader Sustainability/Sustainable Finance Goals
Absa's leading role in sustainable financing supports move towards zero emissions as the Group makes significant strides in meeting renewable energy loan targets. Johannesburg, 24 March 2023: Absa Group, Africa's...
2023
Absa Group Reports Strong Earnings; Remains Well Positioned For Growth
*Salient points Revenue increased 15% to R98.9 billion Operating costs rose 7% to R50.9 billion Cost-to-income ratio improved to 51.5% from 55.2% Pre-provision profit increased 25% to R48 billion Impairments...
2023
Financial Action Task Force (FATF) Decision To Grey List South Africa
Absa’s position on the grey listing of South Africa by FATF While the decision by the Financial Action Task Force (FATF) to place South Africa on its so-called 'grey list’...