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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]

SA stocks rally to record as Tencent surge boosts Naspers

25 Jan 2021 /  Adelaide Changole, Bloomberg  
Foreigners remained net sellers of South African stocks for a third consecutive day Friday.

SA stocks resist risk-off slide as Mr Price gains

22 Jan 2021 /  John Viljoen, Bloomberg  
Foreigners were net sellers of South African shares for a second day Thursday, with outflows of R565 million.

Investors go for gold

22 Jan 2021 /  Adriaan Kruger   8
Worldwide inflow into gold-backed funds the highest ever in 2020, pushing the gold holdings of ETFs to a new record.

[TOP INTERVIEW] The worst appears over for SA banks

15 Dec 2020 /  Simon Brown  
I think that a lack of visibility of growth is probably going to play on the ratings of the banks for a while’: Jan Meintjes, Denker Capital.

Bank dividend talk still a non-starter for SA watchdog

14 Dec 2020 /  Roxanne Henderson, Bloomberg  
Unlike counterparts in Europe.

Absa-klante se data lek uit

2 Dec 2020 /  Moneyweb  
Manie van Schalkwyk – uitvoerende direkteur, die Suid-Afrikaanse Bedrogvoorkomingsdiens

Absa leak: Details emerge of how rogue employee sold client data

2 Dec 2020 /  Duncan McLeod   6
'The leaked data relates to a small portion of Absa South Africa’s customer base, although investigations continue.'

Absa’s data leak explained

1 Dec 2020 /  Duncan McLeod   14
Involved 'unlawful' leaking of client information by an employee.

Is now the time to buy gold?

25 Nov 2020 /  Simon Brown   2
Gary Booysen of Rand Swiss talks financials and where he sees value. Sanlam's Greg Katzenellenbogen on what's driving the gold price drop. A buying opportunity for the metal or the miners? Zukile Nchukane of Mianzo Asset Management on two new unit trusts with passive-style fees.

Absa expects earnings to improve on half-year numbers

19 Nov 2020 /  Larry Claasen   
But it will still be down 40% for the whole year.

Absa rules out dividends with profit down 40%

19 Nov 2020 /  Vernon Wessels, Bloomberg   3
Headcount declined by 1 200 in the first nine months of the year.

Why Goldman is bullish on the rand, SA banks

16 Nov 2020 /  Moneyweb   33
Is this the reason investors are piling into bank stocks?

SA stocks at three-month high

UPDATE
9 Nov 2020 /  Adelaide Changole, Bloomberg   7
As vaccine news spurs rally.

SA stocks erase gains as tight US vote hits rand

4 Nov 2020 /  Lwazi Maseko, Bloomberg  
Foreigners were net sellers of South African stocks Tuesday, disposing R695 million of local equities.

South Africa factory sentiment jumps to record high on demand

2 Nov 2020 /  Prinesha Naidoo, Bloomberg   
Employment index rises for fifth consecutive month.

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