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Efficiency versus effectiveness

2 September 2020

Sazini Mojapelo, Absa Group Head of Citizenship and Community Development How digital transformation can be shaped to create a more inclusive and socially responsible world. Globalisation has facilitated easy access […]

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Categorized as Our Voices

Absa PMI For August Has Pointed To A Further Improvement In Conditions In The Manufacturing Sector

1 September 2020

TheĀ Absa Purchasing Managers’ Index (PMI)Ā posted a robust increase to 57.3 index points in August, up from 51.2 in July. This points to a further improvement in conditions in the manufacturing […]

Absa Earnings Decline As Economic Impact Of COVID-19 Increases Impairment Charges

24 August 2020

Salient points:Ā  Revenue increased 3% to R40.1 billionĀ  Operating costs fell 2% to R21.6 billion Cost-to-income ratio improved to 53.9% from 56.7% Pre-provision profit increased 9% to R18.5 billion Impairments […]

Absa Collaborates With Epic ERP And AJS To Offer Digital Solutions

12 August 2020

Absa collaborates with Epic ERP and AJS to offer digital solutions that help clients run a secure and efficient business. Absa Corporate and Investment Banking (CIB) has collaborated with two […]

Absa Group Cybersecurity Team Shortlisted For Three Awards

11 August 2020

Absa Group’s cybersecurity team has been shortlisted in three categories in the 2020 Cyber Security Awards. The team was listed as among final contenders for the ā€˜Not for Profit Team […]

International Women’s Day 2020

9 August 2020

By Sazini Mojapelo, Managing Executive: Absa Corporate Citizenship and Community Investments International Women’s Day 2020: Empowering women changes the world Last year I attended the talk by Melinda Gates, on […]

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CDC Announces Additional US$75 Million Trade Finance Deal As Part Of COVID-19 Response

28 July 2020

Ā Forms a key pillar of CDC’s response to COVID-19• Brings total trade finance commitments with Absa to US$ 250 million• Financial backing to support supply chains in vital food and […]

Resumption Of Foreign Exchange Operations

30 June 2020

Following discussions with the Central Bank of Kenya, we have worked through their concerns and are pleased to inform our customers and stakeholders that, effective Thursday, 16 April 2020, Absa […]

Absa Group Scales Up COVID-19 Community Support Across SA

22 June 2020

Financial services group, Absa and its staff, have stepped up contributions towards fighting COVID-19, by committing an additional R18.8 million to South African relief efforts. This includes the expansion of […]

Absa Arranges Dangote Cement PLC’s Record NGN 100 Billion Bond Issuance

19 June 2020

Absa Capital Markets Nigeria Limited (ā€œAbsaā€), acting as joint lead issuing house, has successfully completed Dangote Cement PLC’s (ā€œDangote Cementā€) debut Series 1 bond offering, allocating NGN 100 billion in […]