Absa got the basics right in 2021
Banking results season is well underway, with Absa (JO:ABGJ) as the latest company to report on the year ended December 2021. If you thought the swings at group level over the past two years...
Strong Buy
or
ABSA News & Analysis
-
-
Which South African Insurer Has The Most Satisfied Customers?
The latest South African Customer Satisfaction Index (SA-csi) for Life Insurance (2021) conducted by Consulta reveals how satisfied customers are with their life insurers over the last...
-
The Week Ahead
US jobsIn the week ending Jan 22, the advance figure for seasonally adjusted initial claims was 260 000, a decrease of 30 000 from the previous week's revised level. The previous week's...
-
DealMakers (South Africa) 2021 Awards
The Ansarada DealMakers Annual Awards are just a few weeks away. The following are those deals shortlisted for the Private Equity Deal of the Year 2021. The DealMakers Independent Panel have...
-
A2 Partners moves above 50% in Novus
Under Takeover Law, a mandatory offer is required when a shareholder moves through the 35% threshold in terms of control over voting rights. It gets more complicated than this (of course),...
-
The Week Ahead
US jobs In the week ending Dec 11, the advance figure for seasonally adjusted initial claims was 206 000, an increase of 18 000 from the previous week's revised level. The previous week's...
-
Discovery Bank Is Signing Up 600 Clients Daily
Discovery (JO:DSBPp) Bank, part of Adrian Gore’s Discovery Group, said on Wednesday that it is signing up 600 clients daily and accelerating growth. At an investor conference...
-
Absa Bank Teams Up With Salesforce
Absa (JO:ABGJ) Bank has signed a long-term contract with Salesforce (NYSE:CRM), a global leader in customer relationship management (CRM) solutions, to “bring about a step-change in...
-
Top 4 Most Trending Stories – Week in Review
As this week comes to a close we take a look at the stories that resonated most with our readers.Internet to all SA homes by 2024, two massive digital skills drives, and a Kenyan startup...
-
Absa Brings Cloud Computing Skills to Thousands Across Africa
Absa Group (JO:ABGJ) says that it is set to exceed its goal of equipping 1,500 staff members across Africa with cloud-computing skills this year through its cloud incubator initiative. Absa...
-
This Kenyan Tech Startup Says It Will Create “1 Million Jobs” for African Youth in 2022
Kenyan tech startup Wowzi has announced its plans to create one million gig jobs for African youth in 2022 through its online marketplace, after it says it has successfully delivered over...
-
UPDATE 1-S.African lender Absa expects 10-fold jump in half-year profit
(Adds detail)JOHANNESBURG, May 13 (Reuters) - South Africa's Absa ABGJ.J expects a 10-fold profit jump for the six months to June 30, it said on Thursday, citing cost controls and reduced...
-
S.African lender Absa expects tenfold jump in half-year profit
JOHANNESBURG, May 13 (Reuters) - South African lender Absa ABGJ.J expects a tenfold year-on-year profit leap in the six months to June 30, it said on Thursday, citing cost controls and...
-
BRIEF-Absa Group Sees HY IFRS HEPS To Be More Than 10 Times Comparatives For H1 2020
May 13 (Reuters) - Absa Group Ltd ABGJ.J :* JSE: ABG - VOLUNTARY TRADING UPDATE FOR THE QUARTER ENDED 31 MARCH AND 2021 TRADING STATEMENT FOR THE SIX MONTHS ENDING 30 JUNE* ABSA GROUP -...
-
South Africa's Absa PMI expands at slower pace in April
JOHANNESBURG, May 3 (Reuters) - South Africa's seasonally-adjusted Absa (JO:ABGJ) Purchasing Managers' Index (PMI) expanded at slower pace in April as growth in business activity and new...
-
South African Markets - Factors to watch on May 3
The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Monday. ECONOMIC EVENTS - South Africa's...
-
South African Markets - Factors to watch on April 29
The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Thursday. ECONOMIC EVENTS Statistics South Africa...
-
BRIEF-Absa Group Says Deon Raju Appointed As Chief Risk Officer
April 28 (Reuters) - Absa Group Ltd ABGJ.J :* ABSA GROUP - APPOINTED DEON RAJU AS CHIEF RISK OFFICER, WITH EFFECT FROM 1 JUNE 2021 Further company coverage: ABGJ.J
-
South African Markets - Factors to watch on April 26
The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Monday. SOUTH AFRICAN MARKETS South Africa's rand inched...
-
South Africa's Absa appoints insider Punki Modise as interim CFO
JOHANNESBURG, April 23 (Reuters) - Absa ABGJ.J 's Punki Modise has been appointed as the interim financial director of the South African lender, the bank said on Tuesday, after Jason Quinn...
-
BRIEF-Absa Appoints Punki Modise As Interim Group Financial Director
April 23 (Reuters) - Absa (JO:ABGJ):* JSE: ABG - ABSP - ABSA - APPOINTMENT OF INTERIM GROUP FINANCIAL DIRECTOR* ABSA BANK LTD - PUNKI MODISE HAS BEEN APPOINTED AS INTERIM FINANCIAL DIRECTOR...
-
South Africa's surge in tomato prices expected to ease
By Tanisha HeibergJOHANNESBURG, April 21 (Reuters) - A surge in South African tomato prices, after output was hit by wet weather in the main growing areas, is expected to be short-lived,...
-
UPDATE 1-South African rand slips as dollar steadies, JSE falls
(Updates prices, adds analyst comments)JOHANNESBURG, April 20 (Reuters) - South Africa's rand weakened on Tuesday as the dollar steadied and global investors awaited further clues on the...
-
UPDATE 5-CEO of S.Africa's Absa leaves over strategy dispute after 15 months
* Mminele steps down just over a year into job* Absa (JO:ABGJ) cites disagreement over strategy, culture* CFO appointed interim CEO with immediate effect* Bank's shares fall as much as 5%...
-
Absa CEO to stand down, CFO appointed interim chief executive - statement
JOHANNESBURG, April 20 (Reuters) - Absa (JO:ABGJ) chief executive Daniel Mminele has stepped down from the South African lender and chief financial officer Jason Quinn will replace him on an...
-
BRIEF-Absa CEO Daniel Mminele Steps Down
April 20 (Reuters) - Absa (JO:ABGJ):* JSE: ABG - AGL02 - GROUP CHIEF EXECUTIVE STEPS DOWN AND INTERIM GROUP CHIEF EXECUTIVE IS APPOINTED,* ABSA - AGREEMENT REACHED WITH DANIEL MMINELE...
-
S.Africa's Absa board, CEO discussing 'separation' -statement
JOHANNESBURG, April 20 (Reuters) - Absa Group ABGJ.J CEO Daniel Mminele and the company's board are working on a "suitable separation agreement" following discussions about their working...
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), cryptocurrencies, and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
