This serves as notification to affected policyholders and the public of the intended transfer of policies from Guardrisk Life to Absa Life. The transfer is in respect of policies sold by Instant Life and underwritten by Guardrisk Life.

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked down to 47.7 index points in November from 48.1 in October. The decline was broad-based as four of the five subcomponents of the headline PMI nudged down when compared with the previous month. Despite the decline, the average level of the PMI in October and November is still slightly above that recorded in the third quarter.

The seasonally adjusted Absa Purchasing Managers Index (PMI)

We would like to apologise to all our digital banking customers for the intermittent loss of service on our App and Internet Banking on Friday, 20 December. Our engineers have restored services and we are running at full capacity.

Absa Wealth Management has won several first places in the prestigious Euromoney Private Banking and Wealth Management Survey 2019.

Corporate and Investment Banks are uniquely positioned to support development by the very nature of the work they do in developing market economies.

We have summarised Finance Minister Tito Mboweni’s one-hour maiden Budget speech, in which he had to juggle a lack of revenue, a need to cut costs.

WorkInProgress, Absa’s Innovation Lab, hosted a hackathon in Cape Town last week where students, business and academia came together to develop ideas.

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 49.9 index points in January. This is the best reading since May 2017.

Young professional 27-year old Samkelisiwe Ngubane successfully overhauled her life and was named the overall winner of the Absa/City Press Money Makeover Challenge.