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By Simi Siwisa, Head of Absa Group Public Policy Digital currencies have been around for a decade, yet the regulatory systems governing them are fragmented, ineffective, and in some countries, […]
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13 October 2022
By Simi Siwisa, Head of Absa Group Public Policy Digital currencies have been around for a decade, yet the regulatory systems governing them are fragmented, ineffective, and in some countries, […]
10 October 2022
Absa Group, one of Africa’s largest financial service providers, hosted a Data Science Career Day on Friday, 7 October 2022, together with Zindi, the largest professional network for data scientists […]
4 October 2022
The seasonally adjustedĀ Absa Purchasing Managersā Index (PMI)Ā rose from 48.2 index points in September to 50 in OctoberĀ¹. This is slightly better than the average recorded during the previous quarter (49.6). […]
22 September 2022
Absa acted as joint mandated lead arranger and lender for South Africaās first utility scale renewable energy captive power project, comprising 200MW of solar power, which will be built in […]
19 September 2022
Absa Group, one of Africa’s largest financial service providers, in partnership with Maharishi Invincibility Institute, is pleased to announce that its first cohort of 20 students has graduated from the […]
14 September 2022
The seasonally adjusted Absa Purchasing Managersā Index (PMI) further declined in July, suggesting that the manufacturing sector experienced a tough start to the third quarter following a weak second quarter. […]
*Salient points Revenue increased 14% to R46.9billion Operating costs rose 7% to R24.1 billion Cost-to-income ratio decreased to 51.4% from 54.9% Pre-provision profit increased 23% to R22.8 billion Impairments increased […]
Absa Rewards boosts its fuel offer to provide members with more value and cushion them against high fuel costs. To help its customers keep their heads above water during this […]
1 September 2022
By Sandro Bucchianeri; Absa Group Chief Security Officer The global COVID-19 storm has transformed the way the world conducts business and, more specifically, what can be accomplished digitally. And while […]
Tshepo Maeko, Vice President and Head of Agri-Sales: Absa Regional Operations There are few things more traditional and widespread than agriculture in Africa. While the continent holds around 60% of […]