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 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 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 […]

Absa has been appointed as a mandated lead arranger, senior lender and hedge provider for one of South Africa’s largest Concentrated Solar Power (CSP) tower projects. The 100 MW CSP […]

Absa to Transform Finance and Procurement Processes in SA Following Successful Roll-out in Kenya Absa Group says a programme that was initiated to transform finance and procurement processes as part […]

Africa’s first certified green loan to Absa Bank Ltd, announced today by the International Finance Corporation (IFC), will increase funding for biomass and other renewable energy projects in South Africa. […]

Following three consecutive months of improvement, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined slightly to 56.2 index points in April from 57.4 in March. Despite the modest pullback, the index […]

Absa Group Limited has appointed Deon Raju as Chief Risk Officer, with effect from 1 June 2021. Deon is currently Absa Group Treasurer, primarily responsible for the liquidity risk, funding, […]

Ms Punki Modise CA (SA), appointed Interim Absa Group Chief Financial Officer She becomes an executive director on the boards of both Absa Group and Absa Bank A seasoned banker, […]