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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 […]
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31 March 2023
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 […]
24 March 2023
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 […]
13 March 2023
*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 […]
10 March 2023
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’ […]
Technology has changed the way we learn and accelerated the speed at which things work. In today’s workplace and educational setting, laptops have become a requirement and while this is […]
1 March 2023
After surprising on the upside in January, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 48.8 index points in February. This was the first time since September 2022 […]
13 February 2023
As a valued Absa customer, your views and insights are crucial in our efforts to develop products and services that will meet your needs and simplify your banking. That’s why […]
8 February 2023
Absa Group is a leading financial services provider in Africa, with a deep commitment to the continent’s growth and prosperity. We believe that our success is intertwined with the success […]
1 February 2023
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) came in at 53.0 index points in January 2023 – virtually unchanged from 53.1 in December. A decline in the employment and […]
26 January 2023
Absa Group Limited will list its ordinary shares for trade on A2X Markets from 2 February 2023. Absa Group will retain its primary listing on the Johannesburg Stock Exchange and […]