The dismal Purchasing Managers Index reading suggests that the South African manufacturing sector ended the year on the back foot.

In a phishing email sent to South Africans, criminals are trying to capitalise on Absa’s new brand to scam unsuspecting users.

Absa Corporate and Investment Banking (CIB) has been part of the recently announced Vodacom YeboYethu BEE deal.

The deterioration was driven by sharp declines in the new sales orders index as well as the business activity index.

Today, Absa Group , one of Africa’s largest diversified financial services groups, launches their UK office. Officially trading as Absa Securities UK,.

The Barclays Africa reported a 4% increase in headline earnings in 2017 as impairments declined substantially from a high base in 2016.

Barclays Africa Group Limited, one of the largest banking groups in Africa, today outlined a new business strategy to deliver on ambitious goals.

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 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.

Proceeds raised from the Champagne Festival art auction will be donated to the Nelson Mandela Foundation.