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Absa Group Reports Increased Earnings On Broad-based Recovery; Resumes Dividend Payments

16 August 2021

*Salient points Revenue increased 3% to R41.2 billion Operating costs rose 5% to R22.6 billion Cost-to-income ratio increased to 54.9% from 53.9% Pre-provision profit increased 1% to R18.6 billion Impairments […]

Absa using Tech to Drive Growth in Africa’s Agriculture Marketplace

15 August 2021

Tshepo Maeko, Agriculture: Absa Regional Operations There are few things more traditional and widespread than agriculture in Africa. While the continent holds around 60% of the world’s uncultivated arable land, […]

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Opportunities for Frontier Investors in the coming years

Somaya Joshua, Head: Commercial Property Finance (Africa Regional Operations), Absa Group According to the African Development Bank, at the start of 2020 the African continent was forecast to deliver 3.9% economic […]

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We use our Africanacity to bring Africa’s possibility to life

By Sazini Mojapelo – Managing Executive: Corporate Citizenship and Community Investments The recently launched UN Sustainable Development Goals Report 2021 highlights the toll that the COVID-19 pandemic has taken on the 2030 Agenda. In addition to […]

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Three ways to (Sustainably) develop your supply chain

Vusi Fele, Chief Procurement Officer Absa Group Limited When a number of supply chain reports were released pre-COVID-19, business leaders listed risks such as data breaches, cybercrime, IT downtime and […]

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Using Artificial Intelligence to fight financial crime

Nic Swingler, Head: Financial Crime Compliance The potential benefits of using artificial intelligence and data analytics in making banking safer are a constant theme. In reality, however, it is hard […]

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Digital transformation: Great promise or great peril for Africa?

What does digital transformation really mean for Africa? While the COVID-19 pandemic has accelerated the shift to digital – with millions of people working remotely, and conferences and meetings moving […]

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The case for stronger action on sustainability

By Sazini Mojapelo Absa Group Head: Citizenship & Community Investments Globally, governments, academics, civil society organisations, and businesses are committed to playing their role in realising the United Nations Sustainable Development Goals […]

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Resources shine during COVID-19

By Shirley Webber; Coverage Head of the Natural Resources Group at Absa If you were looking for a silver lining during the COVID-19 pandemic and the havoc it has wrecked […]

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Our responsibilities during the time of COVID-19

By Dr Lesego Rametsi, Group Head Of Health & Wellness All doctors can vividly remember two moments in their careers: the first baby they delivered and their first patient that died. […]

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