Arrie Rautenbach who is the CEO of Absa Group, which is one of the most diversified financial services providers in Africa, received a total compensation of R44.78 million ($2.41 million)…
Browsing: ABSA
Absa, a prominent South African banking group, recently released its half-year financial report ending in June. According to the report, the bank’s profit growth has been modest due to a…
Contour, the leading digital trade finance network, announced that leading Pan-African bank, Absa Corporate and Investment Bank (CIB), is the first African bank to officially join its growing production network.…
Recently, ABSA upwardly revised its near-term GDP growth forecast for South Africa by 0.4 percentage points on the back of healthier-than-expected economic activity in the first half of this year.…
In the report, Absa upwardly revised its near-term GDP growth forecasts. The group now forecast real GDP growth of 0.7% in 2023 (0.4pp higher than in the last Quarterly Perspectives)…
Absa has collaborated with Women in Tech (WiT) to help shine a light on remarkable women from Africa who innovate, inspire and transform the technology industry. This joint effort culminates…
After what looks to have been a decent second quarter, at least in terms of quarterly growth momentum, the manufacturing sector had a setback at the start of the third…
Property ownership remains a powerful aspiration for South Africans, while a home is likely to be the largest investment many will make. This is according to Mary Motsuku, Head of…
The Pretoria High Court recently ruled that Absa must provide its record of decision regarding the removal of former lead independent director Sipho Pityana from the board in November 2021.…
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…