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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]

Kennedy Bungane appointed new African Bank CEO

15 Apr 2021 /  Suren Naidoo   4
The appointment has been approved by the Prudential Authority of the South African Reserve Bank

Absa sluit sy geldmarkfonds

13 Apr 2021 /  Moneyweb  
Kokkie Kooyman – direkteur en fondsbestuurder, Denker Capital

Absa closes money market fund

12 Apr 2021 /  Moneyweb   9
Worth more than R75bn.

Reserve Bank sends strong signal rate-cutting cycle is over

26 Mar 2021 /  Suren Naidoo   5
And touts possible increase as early as the second quarter of this year.

Mixed bag of bank results

18 Mar 2021 /  Simon Brown  
Mia Kruger of Kruger International on investment opportunities as the economy reopens. Libstar CFO Charl de Villiers unpacks the company's results as the retail channel jumps higher. Kokkie Kooyman from Denker Capital reviews the big four banks' results.

SA economy could take four years to recover from Covid-19

17 Mar 2021 /  Roy Cokayne   23
It only needed 15 months to get over the 2008 global financial crisis.

Absa still losing customers

16 Mar 2021 /  Moneyweb    31
Entry-level segment leads the decline.

Absa defers dividend, sees profits drop 58%

15 Mar 2021 /  Nompu Siziba  
Simon Brown – founder, Just One Lap.

Absa “doen die meeste” vir kliënte in 2020

15 Mar 2021 /  Moneyweb  
Arrie Rautenbach – hoof, Absa Retail and Business Bank

Absa holds off on dividend, profits drop 58%

UPDATE
15 Mar 2021 /  Emma Rumney, Reuters   1
Pushing its shares down almost 2% as it fell out of step with rivals who have restored payouts in recent weeks.

Absa baklei hard teen kieme by sy kitsbanke

3 Mar 2021 /  Moneyweb  
Pierre Bornman – hoof van alternatiewe kanale, Absa

Absa PMI brei vinniger uit in Februarie

1 Mar 2021 /  Moneyweb  
Lisette IJssel de Schepper – senior ekonoom, Buro vir Ekonomiese Ondersoek

Fuel rewards compared as Capitec and Nedbank launch theirs

UPDATE
23 Feb 2021 /  Moneyweb   16
Late-comers offer cashback, but there is better value from rivals.

SA’s Covid-19 Loan Guarantee Scheme ‘largely dead’ – Intellidex

22 Feb 2021 /  Suren Naidoo   4
But there is ‘good reason for it to come back to life in a new form’ with the potential of future ‘lockdown waves’.

Absa forecasts sharper fall in annual profit

19 Feb 2021 /  Shanima A, Reuters  
Expects normalised headline earnings per share to decrease by 50% to 55% for the year ended December 31.

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