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COVID-19 Media Statement

13 March 2020

Contractor Cleared of COVID-19 Further to the notification we provided yesterday, Absa wishes to convey to the public that we have been informed that the results for individual who was tested […]

Absa Group Reports Improving Revenue Growth Momentum For 2019; Earnings Up Slightly Amid Sluggish SA Economy

11 March 2020

*Salient points:  Headline earnings increased 1% to R16.3 billion Revenue increased 6% to R80 billion  Operating expenses growth contained to inflationary levels, increasing 6% to R46.4 billion Pre-provision profit increased […]

Absa CIB Named Best Investment Bank In Africa At The EMEA Awards

10 March 2020

Absa Corporate and Investment Banking (CIB) claimed top honours in the 12th EMEA Finance African Banking Awards for 2019 when it was awarded Best Investment Bank in Africa; it also […]

PMI Declines For A 4th Consecutive Month

2 March 2020

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined for a fourth consecutive month to reach 44.3 in February 2020. The 0.9-point decline brought the index to the lowest level since the […]

Collaboration Is Key To Addressing Access To Education And Employment Opportunities

13 February 2020

By Dr Reaan Immelman, Head: Education Delivery According to Stats SA, 63.4% of South Africa’s unemployed people are between the ages of 15 and 34, and more than half of South […]

The Business Of Doing Well By Doing Good: Reflections On WEF Davos 2020

By Phumza Macanda, Head of Media Relations, Absa Group The Annual Meeting of the World Economic Forum (WEF), held in Davos each January, is often seen as a gathering of […]

Absa Group Completes Renaming Of African Subsidiaries

10 February 2020

Absa Group Limited’s Barclays-branded subsidiaries in seven African countries – Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania and Zambia – were renamed as ‘Absa’ today, completing the name change across the […]

Absa Launches #SheUntamed Ahead Of The 2020 Absa Cape Epic

4 February 2020

In the lead up to the 17th edition of the Absa Cape Epic, Africa’s Untamed Mountain Biking (MTB) Race, Absa will continue to entrench its purpose of bringing possibility to life […]

Absa And The Digital Academy Showcase Young Tech Talent

30 January 2020

Absa Group Ltd. and The Digital Academy today showcased solutions designed to solve everyday problems, developed by students at the academy. A course in software development is offered as a […]

CDC Unveils Further US$100 Million Trade Finance Agreement With Absa In Major Boost To Trade Finance In Africa

20 January 2020

 Deal follows the recent announcement of CDC’s initial US $75 million risk sharing facility with Absa CDC Group plc (“CDC”), the UK’s impact investor for Africa and South Asia, has today announced […]