Absa Bank Limited (“Absa”) acted as Joint Global Coordinator, Bookrunner, Mandated Lead Arranger and Facility Agent on the refinance and upsize of Harmony Gold Mining Company Limited’s (“Harmony”) existing U$350m term loan and revolving credit facility with a new 3+1 year U$400m term loan and revolving credit facility (the “Facility”).
The interim interdict prevents the BLF members from damaging and destroying Absa’s property
The PMI rose from 49.5 in November to 50.7 points in December, which is just above the neutral mark and signals growth in the sector.
Absa | Latest media statements from Absa
1 October 2019
Absa Purchasing Managers’ Index measures second consecutive large fall
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 41.6 index points in September, down from 45.7 in August.
This year we announced that we will award over 3000 scholarships across 12 countries as part of our continued commitment to education. We will also provide scholarships to 50 of the Mandela 100 Scholars to attend the African Leadership University (ALU) in Rwanda.
On 11 July 2018 our Group name changed from Barclays Africa Group Limited to Absa Group Limited. We also launched our refreshed brand as an expression of our new identity, marking the start of one of the largest rebranding programmes Africa has seen.
Barclays Africa Group, one of the largest banking groups in Africa, released its first annual financial results since the successful conclusion of the reduction by Barclays PLC of its majority shareholding in Barclays Africa Group last year
Absa Group, formerly Barclays Africa Group, launches a new visual identity supported by a new marketing campaign. The group’s new logo features ‘absa’ in lower case, offering a more human, approachable and understated feel than its predecessor.
The Court found that the remedial actions of the Public Protector “were a product of a procedurally unfair process and are unlawful” and “the process was not impartial”. We are pleased that the Court agreed with our argument with regards to the procedural fairness of the Public Protector’s process
18 September 2019
Absa Group Reports Increase in 2018 Earnings; Resets for Delivery Against Strategy
Absa Group Reports Increase in 2018 Earnings; Resets for Delivery Against Strategy
