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LATEST NEWS FOR Absa Group Ltd.  

Absa Group (the Group or Absa) is a diversified financial services provider offering an integrated set of products and services across personal and business banking, credit cards, corporate and investment banking, wealth and investment management and... [more info]
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Financial markets in Africa still underdeveloped

Financial markets in Africa still underdeveloped

21 Oct 2020 /  Adriaan Kruger    3
Index puts SA on top for investment potential, with only a few others improving.
SA stocks climb as AngloGold, Gold Fields lead gains

SA stocks climb as AngloGold, Gold Fields lead gains

9 Oct 2020 /  Adelaide Changole, Bloomberg  
Gauge of mining stocks rises for a third day, up 1.7% to the highest in more than a week.
SA stocks surrender gains with gold miners in retreat

SA stocks surrender gains with gold miners in retreat

6 Oct 2020 /  Adelaide Changole, Bloomberg   2
Foreigners were net sellers of South African stocks for a second day Monday.
Absa chair Lucas-Bull joins Shoprite board as chair designate

Absa chair Lucas-Bull joins Shoprite board as chair designate

UPDATE
1 Oct 2020 /  Nqobile Dludla, Reuters   2
Replacing Christo Wiese.
Absa PMI extends recovery in September

Absa PMI extends recovery in September

UPDATE
1 Oct 2020 /  Reuters and Moneyweb  
Purchasing managers remain optimistic about business conditions going forward.
SA stocks edge toward quarterly gain

SA stocks edge toward quarterly gain

30 Sep 2020 /  Adelaide Changole, Bloomberg  
South African stocks have been supported during the quarter by a rally in gold and platinum companies.
SA stocks fall amid weakness in Naspers, Richemont

SA stocks fall amid weakness in Naspers, Richemont

25 Sep 2020 /  Adelaide Changole, Bloomberg   1
Foreigners were net sellers of South African stocks for a fifth day on Wednesday.
Stocks retreat in longest losing streak since June

Stocks retreat in longest losing streak since June

18 Sep 2020 /  Adelaide Changole, Bloomberg   1
Foreigners were net sellers of South African stocks Thursday, disposing R814 million worth of shares.
How South African companies are battling the pandemic and recession

How South African companies are battling the pandemic and recession

18 Sep 2020 /  Roxanne Henderson, Janice Kew, Felix Njini and Loni Prinsloo, Bloomberg    1
How companies in key industries have coped with the unprecedented crisis.
South African banks prepare for the worst, hope it doesn’t come

South African banks prepare for the worst, hope it doesn’t come

17 Sep 2020 /  Roxanne Henderson, Bloomberg    1
Country's economy contracted for seven of the last ten quarters.
Joburg’s Jewel City set for further R1bn investment

Joburg’s Jewel City set for further R1bn investment

UPDATE
16 Sep 2020 /  Suren Naidoo   4
R1.8bn has already been invested into the new mixed-use precinct and Absa Tower Main overhaul in the inner city.
Stocks rise as vaccine hopes spur risk-on sentiment

Stocks rise as vaccine hopes spur risk-on sentiment

14 Sep 2020 /  Adelaide Changole, Bloomberg  
Investor focus will be on central banks this week.
Worst year for South African bank stocks offers glimmers of hope

Worst year for South African bank stocks offers glimmers of hope

14 Sep 2020 /  Adelaide Changole, Bloomberg    1
There are signs that sentiment may be turning for the better.
Some business battles are won, and some are lost

Some business battles are won, and some are lost

14 Sep 2020 /  Ann Crotty   1
Zeder, Shoprite and FirstRand: a company in its death throes, a retailer with a good year under its belt, and a bank that’s made an interesting move in remuneration.
Rand recovers after slide, stocks spike

Rand recovers after slide, stocks spike

9 Sep 2020 /  Olivia Kumwenda-Mtambo, Reuters  
Bonds were weaker, with the yield on the benchmark 2030 government paper up 2 basis points to 9.275%. 

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