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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]

Behold, Discovery Bank!

15 Nov 2018 /  Hilton Tarrant   53
The group finally takes the wraps off its offering. Well, sort of …

Bedevilled by the fallen angels – Part 2

8 Nov 2018 /  Lee Kern  
The cases of Aspen Pharmacare and EOH.

Five things making headlines in South Africa today

1 Nov 2018 /  Moneyweb   1
Discovery Leadership Summit kicks off, Afrimat results, ArcelorMittal update, Woolworths drops David Jones range, vehicle sales and Absa PMI.

Recompense for Steinhoff investors looks grim

31 Oct 2018 /  Ray Mahlaka   7
Investors who lost billions when Steinhoff International’s share price collapsed might recoup as much as 20% from their initial investment.

Homeowners are moving less frequently

31 Oct 2018 /  Ciaran Ryan   11
The costs associated with moving up or even downsizing have become prohibitive for many.

Dismal liquidity still haunts African bourses

23 Oct 2018 /  Arnold Segawa   2
Of 20 African economies reviewed, only South Africa, Botswana and Ghana have market caps greater than 100% of GDP; in 14 countries it is lower than 50%.

Bank fixed deposit rates compared

16 Oct 2018 /  Hilton Tarrant   21
Absa’s '13%' special offer has put these products back in the spotlight.

When 13% interest is not really 13%

11 Oct 2018 /  Patrick Cairns   40
Absa's special offer is not what it seems at first glance.

How the Jobs Summit plans to create 260 000 jobs annually

4 Oct 2018 /  Chris Gilmour   7
This summit is different in that ‘it is a culmination of work, rather than the start of an intention,’ says Tanya Cohen, CEO of Business Unity SA.

SA banks face ‘chicken or egg’ quandary as economy lags

4 Oct 2018 /  Roxanne Henderson, Bloomberg  
A myriad of negative factors are taking their toll on SA banks.

Banking apps boom

4 Oct 2018 /  Prinesha Naidoo   1
Usage skyrockets – and there’s a place for gimmicks.

EOH’s Van Coller to use cash injection for deals, debt pay-down

UPDATE
3 Oct 2018 /  Loni Prinsloo, Bloomberg    1
The cash injection will come from a stake sale to black investors to pay for the acquisitions and to reduce debt.

Five things making headlines in South Africa today

1 Oct 2018 /  Moneyweb   
September new vehicle sales, Absa PMI, Sanral; Conduit Capital and Texton Property Fund results, what's behind fuel hikes.

Funding of two new coal IPPs in SA under threat

26 Sep 2018 /  Chris Yelland   18
Two new coal independent power producer projects, Thabametsi and Khanyisa, are at risk of not being completed should funding be revoked.

Lenders give Steinhoff’s Jooste more time to pay his debts

26 Sep 2018 /  Loni Prinsloo, Bloomberg   9
Lenders have given the ex-CEO until March 31, 2019 to repay the R959 million he owes.

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