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Absa PMI Moved Lower For A Third Consecutive Month And Is Now Back In Line With February’s Level

1 July 2021

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged down slightly to 57.4 index points in June 2021 from 57.8 in May 2021. All 5 of the headline PMI’s major sub-components were […]

Absa And Daily Maverick Launch Partnership To Tackle Climate Crisis

10 June 2021

Absa announced the launch of a partnership with Daily Maverick to make the risks of the global climate crisis a bigger focus of everyday life – with practical approaches on how to […]

CDC Group Provides Risk Sharing Facility To Absa To Support Small Businesses

8 June 2021

CDC Group provides $50m risk sharing facility to Absa to support lending to small businesses and households through Microfinance and Non-Bank Financial Institutions in Africa  CDC Group’s first risk sharing […]

Absa Hosts Debut Solo Art Exhibition By A Senior Executive Of The Bank

7 June 2021

Absa hosted a virtual dialogue on their Art Hotspot platform to launch the debut solo exhibition by talented amateur artist and senior Absa executive, Karin Mathebula. Mathebula, who heads Product, […]

Absa Group AGM Speech

4 June 2021

The thirty-fifth Annual General Meeting (AGM) of ordinary shareholder held as a virtual meeting via live webcast on Friday, 4 June 2021 at 10:00.    Absa AGM full speech 

Absa’s Homeowner Sentiment Index Maintains Positive Outlook In Q1 2021

2 June 2021

The latest Absa Homeowner Sentiment Index (HSI) indicates that confidence in the South African property market has remained in line with the last quarter of Q4 2020, inching ahead 1% to […]

Absa Launches Procurement Portal

1 June 2021

Absa Group has developed a user-friendly online portal focused on providing additional opportunities for Africa’s Small, Medium and Micro-Enterprises (SMMEs) key drivers of post-pandemic growth. According to the World Bank, […]

Absa PMI Sees Solid Improvement In May 2021

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to a solid 57.8 points in May 2021 from 56.2 the month before. Four of the five subcomponents remained well above the neutral […]

Absa And The Digital Academy Address The Need For Critical Tech Skills

26 May 2021

Absa Group continues to show its commitment to addressing critical skills development as was demonstrated during the annual Digital Academy Showcase event today. The Digital Academy has, since 2015, equipped […]

Absa Raises US$ 500 Million In The First US$ Additional Tier 1 Bond Issuance

21 May 2021

Absa Group raised US$500 million (R7 billion) in a landmark offshore Additional Tier 1 (“AT1”) hybrid capital bond issuance on 20 May. Absa’s issuance represents the first ever US dollar-denominated […]