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Press Statements (122)

The purchasing price index rose by 6.2 points to reach 66.9 in April after a slight uptick in March. The rise is likely driven by the weaker rand exchange rate as well as a higher Brent crude oil price compared to the previous month (on average).

Barclays Africa Group Limited (BAGL) board will not recommend reappointment of KPMG as one of its joint auditors

Absa’s mandate specifically did not include the compilation or review of the financial statements of Steinhoff South Africa or any other Steinhoff company

The purchasing price index edged slightly higher in March after three straight declines. The uptick was likely driven by the slightly higher Brent crude oil price during the month, while the rand was also marginally weaker against the US dollar.

Absa NewFunds, an offering by the bank’s Corporate and Investment Banking unit (CIB), is today listing two new Exchange Traded Funds on the Johannesburg Stock Exchange.

The index rose to 50.8 index points in February, up from 49.9 in January. The increase in the headline index was driven by solid improvements in the business activity and new sales orders indices, which together account for more than half of the PMI’s weight

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