23 May 2022
Absa opens a new art gallery in Johannesburg
Absa, a leading financial services provider in Africa, opened a new art gallery on Thursday, 19 May 2022. Located at the Absa Head Office precinct, piazza of Towers Main in Johannesburg central business district, the Absa Art Gallery officially opened its doors with the first exhibition titled ‘Voices: Past and Present’.
10 May 2022
Absa PMI fell sharply to 50.7 index points in April 2022
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell sharply to 50.7 index points in April 2022.
13 April 2022
Applications for the 36th Edition of Absa L’Atelier are now open!
Johannesburg, 13 April 2022: Proudly African bank Absa, in partnership with the South African National Association for the Visual Arts (SANAVA), officially opened applications for the 2022 Absa L’Atelier, inviting artists from across the African continent to enter.
The seasonally adjusted Absa Purchasing Managers’ Index (PMI)increased for a third consecutive month to reach 60.0 in March, up from 58.6 in February. The sustained improvement in the headline PMI bodes well for the continued recovery of the manufacturing sector after it was dealt a blow in the third quarter of last year. Indeed, the PMI suggests that the sector should record arobust quarterly expansion in the first quarter of this year.
29 March 2022
Absa Group Appoints Arrie Rautenbach as Chief Executive Officer
Absa Group today announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately.
14 March 2022
Absa Group 2021 Earnings Increase on Lower Impairments
Absa Group headline earnings more than doubled to R18.6 billion in 2021, well in excess of 2019 earnings, as pre-provision profit increased.
1 February 2022
Absa PMI rose to 57.1 index points in January 2022
The Absa PMI recovered from December’s loss of momentum and rose to 57.1 index points in January 2022, following a dip to 54.1 in December 2021.
6 December 2021
Absa expands precious metal investing options in Africa
Botswana Stock Exchange and Absa expand precious metal investing options on BSE by listing NewPalladium ETF. This after introducing the NewGold and NewPlat exchange-traded funds (ETFs) on the BSE.