Technologist and tech change expert, Johnson Idesoh, spoke with Businesstech Africa from Davos in Switzerland, where he is attending the World Economic Forum. Idesoh, an IT engineer by background, is…
Browsing: ABSA Group
Infrastructure projects in South Africa have received a significant boost through a debut R1.5bn debt issuance in the domestic market. The New Development Bank’s (“NDB”) bond issuance in South Africa…
Absa Purchase Managers’ Index (PMI) rose to 94.8 index points in April 2023 from 48.1 in March. Even with the sharp rise in the purchase price index, load-shedding still possess…
Eskom announced yesterday that it would implement load shedding at Stage 5 during the day and Stage 6 during the evening until further notice. The utility stated that two generation…
Absa Corporate and Investment Banking (CIB) provided consulting services and funding for Infinity Power Holding’s acquisition of Lekela Power, another significant transaction in the South African energy market. Infinity Power,…
Absa Corporate and Investment Banking (CIB) served as the sole Financial Adviser, Bookrunner, and Mandated Lead Arranger to a syndicate of investors in the takeover of ICT firm Alviva Holdings.…
Absa is accused of failing to report specific foreign exchange trades it conducted in March 2020
Absa Kenya did not have satisfactory assurance of the underlying commercial transactions supporting some trades in March
The renaming of subsidiaries marks another substantial milestone in Absa’s separation from Barclays PLC
