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By Ridle Markus, SSA Macroeconomist, Absa Group Sub-Saharan Africa (SSA) is now bracing for a sharp downturn in economic activity as a result of the COVID-19 outbreak which has further […]
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10 August 2022
By Ridle Markus, SSA Macroeconomist, Absa Group Sub-Saharan Africa (SSA) is now bracing for a sharp downturn in economic activity as a result of the COVID-19 outbreak which has further […]
By Dr Roze Phillips: futurist, medical doctor and Absa Group Executive for People and Culture. Every year, Oxford Dictionaries selects its āWord of the Yearā, normally a word or expression […]
By Dr Paul Bayliss, Absa Senior Specialist Art Curator. TheĀ coronavirus pandemicĀ had a sudden and substantial impact on arts and culture. Very suddenly and without warning, by March 2020, cultural institutions […]
Isana Cordier, Consumer Sector Head, Absa, Corporate and Investment Banking The Covid-19 crisis and its impact on virtually every facet of social and economic life has revealed that moving with […]
5 August 2022
Proparco is collaborating with South Africa’s third largest bank by assets, Absa Bank Limited, by granting it a senior loan of $20 million to contribute to its support plan for […]
The seasonally adjustedĀ Absa Purchasing Managersā Index (PMI)Ā recovered from Decemberās loss of momentum and rose to 57.1 index points in January 2022, following a dip to 54.1 in December 2021. The […]
*Salient points Revenue increased 6% to R85.9billion Operating costs rose 4% to R47.4 billion Cost-to-income ratio decreased to 55.2% from 56% Pre-provision profit increased 7% to R38.5 billion Impairments fell […]
30 June 2022
Absa Group Strengthens Executive Team, Refines Operating Model As part of Absa Groupās journey to enhancing market competitiveness and with due consideration to its transformation imperative, the Group […]
8 June 2022
The seasonally adjustedĀ Absa Purchasing Managersā Index (PMI)Ā rose by 4.1 index points to reach 54.8 in May 2022. A month-on-month rebound was expected after the PMI lost more than 9 points […]
23 May 2022
Absa opens a new art gallery in Johannesburg Absa, a leading financial services provider in Africa, opened a new art gallery on Thursday, 19 May 2022. Located at the Absa […]