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AI And Humans Needed To Combat Financial Crime

30 August 2022

By Nic Swingler, Head of Financial Crime The state of a country’s financial sector is a key factor in determining its stability and sustainability. During the height of the pandemic, […]

Published
Categorized as Our Voices

South Africa’s Economy Heading For Even Tougher Times

10 August 2022

By Peter Worthington, Senior Economist, Absa Group As the COVID-19 pandemic escalates both globally and domestically, concerns are mounting at an exponential pace about the ultimate impact on the South […]

Published
Categorized as Covid 19

South Africa’s Downgrading By Rating Agencies

By Jeff Gable, Head of Research, Absa Group South Africa’s sovereign credit rating was downgraded by Moody’s Investor Services on Friday evening.  Thus for the first time since South Africa’s […]

Published
Categorized as Covid 19

COVID-19 Is An Economic Calamity

By Peter Worthington, Senior Economist, Absa Group The COVID-19 pandemic is cutting a swathe of economic devastation across the world; an unprecedented global recession now upon us. Unfortunately, South Africa, […]

Published
Categorized as Covid 19

Economies Bracing For Prolonged COVID-19 Recession

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 […]

Published
Categorized as Covid 19

Coronavirus and the chance to change

By Dr Roze Phillips: futurist, medical doctor and Absa Group Executive for People and Culture. Every year, Oxford Dictionaries selects its “Word of the Year”, normally a word or expression […]

Published
Categorized as Covid 19

Art in isolation during COVID-19

By Dr Paul Bayliss, Absa Senior Specialist Art Curator. The coronavirus pandemic had a sudden and substantial impact on arts and culture. Very suddenly and without warning, by March 2020, cultural institutions […]

Published
Categorized as Covid 19

South Africa’s consumer sector has to adapt and reinvent

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 […]

Published
Categorized as Covid 19

Proparco And Absa Join Forces To Support SMEs Impacted By The Covid-19 Crisis

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 […]

Absa Purchasing Managers’ Index (PMI) Rose To 57.1 Index Points In January 2022

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) recovered from December’s loss of momentum and rose to 57.1 index points in January 2022, following a dip to 54.1 in December 2021. The […]