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”).
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.
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
After six months of financial boot camp, 27-year old Samkelisiwe Ngubane successfully overhauled her life and was named the overall winner of the Absa/City Press Money Makeover Challenge.
Societe Generale, a leading European bank with operations in 19 African countries, and Absa Group Limited (“Absa”), a leading financial services group in Africa with presence in 12 countries, announced in January a commercial agreement on a combined wholesale banking offer to better serve their clients in their financial needs across the African continent.
After six months of financial boot camp, 27-year old Samkelisiwe Ngubane successfully overhauled her life and was named the overall winner of the Absa/City Press Money Makeover Challenge.
The World Bank’s Identification for Development (ID4D) Initiative is partnering with WorkInProgress, an Absa Innovation Lab in Cape Town, to host a ‘solveathon’ workshop for the inaugural Mission Billion Challenge.
WorkInProgress, Absa’s Innovation Lab, hosted a hackathon in Cape Town last week where students, business and academia came together to develop ideas on what Africa can do to influence the current and future industrial revolutions.
Absa Group Limited, one of Africa’s largest financial services providers, reported a 3% increase in earnings for the first half of 2019 as its retail unit in South Africa gained market share, mitigating the negative effects of a difficult economy.
We celebrate Women’s Month by profiling some outstanding women in our organisation.
