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LATEST NEWS FOR Absa Bank Ltd.  

Absa Bank Ltd. (the Company) is incorporated and domiciled in South Africa and provides retail, business, corporate, investment banking, and wealth management products and services. The Company and its subsidiaries (the Bank) operate primarily in Sou... [more info]

[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.

Anglo vs BHP: Which one to add to your portfolio?

15 Dec 2020 /  Simon Brown   1
A look at markets with FNB's Wayne McCurrie as a crazy year draws to a close. Jan Meintjes of Denker Capital talks banks in 2021, when will the dividends return? Sanlam's Greg Katzenellenbogen on Anglo American vs BHP as a diverse commodity investment for 2021.

Absa-klante se data lek uit

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

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.

Low property prices and interest rates drive consumer sentiment up – index

24 Nov 2020 /  Nompu Siziba  
Sentiment for buying property has recovered to last year's levels, but that for selling property is still quite low: Muziwahke Zim, Absa Home Loans.

Farewell to the cheque book

23 Nov 2020 /  Adriaan Kruger   2
Reserve Bank and commercial banks say the issuing and acceptance of cheques will cease at year-end.

Top SA banks split on dividends

19 Nov 2020 /  Roxanne Henderson, Bloomberg   2
After Investec payout.

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’s best and worst banks

9 Nov 2020 /  Moneyweb reporter   23
According to sentiment on social media this year.

South Africa factory sentiment jumps to record high on demand

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

Covid-19 vs the financial crisis: Why the bank bad debts can’t be compared

27 Oct 2020 /  Hilton Tarrant   4
And how banks decide which loans to write off …

SA stocks fall as virus cases surge and US stimulus deal elusive

26 Oct 2020 /  Adelaide Changole, Bloomberg   1
Index giant Naspers declined for the fourth day, the longest losing streak in more than a month.

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