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Absa Purchasing Managers’ Index (PMI) Rose To 52.6 Points, Up From 50 In October

5 December 2022

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose firmly back into expansionary terrain in November. The index rose to 52.6 points, up from 50 in October and an average level of […]

Absa And Sanlam Combine Investment Management Businesses In SA

1 December 2022

Sanlam and Absa are pleased to announce that all suspensive conditions have been successfully met, allowing implementation today (1 December 2022) of a transaction that combines their investment management businesses […]

Absa’s Latest Pricing Overhaul Takes Pricing Relief To R1 Billion For Primary Banked Customers

30 November 2022

Upcoming product enhancements, including free Absa Rewards, and 2023 pricing revisions aimed at rewarding Absa’s best customers with significantly enhanced value. Building on Absa’s half a billion rand pricing relief […]

Black Friday Customer Spend Set To Grow In November 2022

22 November 2022

Absa processed over R60 billion worth of transactions last Black Friday, a trend which is expected to continue this year. As the first Black Friday falling outside of lockdown restrictions […]

Absa Funds The First Renewable Energy Projects

15 November 2022

Absa funds the first Renewable Energy Projects to reach Financial Close in Bid Window 5 of the South African REIPP Programme Johannesburg, 14 November 2022–Absa acted as the joint mandated […]

Absa Gets Sustainability Linked Term Loan Facility

On behalf of Absa Bank Limited (the “Borrower” or “Absa” or the “Bank”), Bank of America Europe Designated Activity Company, Industrial and Commercial Bank of China Limited, London Branch, SMBC […]

Absa L’Atelier 2021 Ambassadors Joint Exhibition

14 November 2022

Absa is proud to extend an invitation to the public to the upcoming Absa L’Atelier 2021 Ambassadors joint exhibition. The exhibition, supported by the theme ‘Refuge: An uncommon home’, will […]

Collaborative Solutions for Education and Employment Access

10 November 2022

By Dr Reaan Immelman, Head: Education Delivery  According to Stats SA, 63.4% of South Africa’s unemployed people are between the ages of 15 and 34, and more than half of South […]

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Supporting Resilient Food Systems In The Face Of Growing Food Insecurity

By Babongile Mandela: Absa, Senior Manager – Strategic Initiatives, Corporate Citizenship and Natalia Olszewska-van der Merwe: Absa, Senior Manager – Corporate Citizenship According to the UN’s Food and Agriculture Organization (FAO), more […]

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African Markets Build Resilience In A Challenging Environment

19 October 2022

Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region African countries have responded positively to the need to develop domestic financial markets to […]