Absa
South Africa’s business fraternity mourns death of Peter Matlare
He died on Sunday at the age of 61 from COVID-19-related complications.
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Absa deputy CEO Peter Matlare succumbs to COVID-19
Eyewitness News understands that he passed away earlier on Sunday due to COVID-19 complications.
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Fixing “the Eskom problem” is going to require a serious restructure
Fixing “the Eskom problem” is going to take much more than just throwing good money at it – Eskom needs to be restructured.
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8 legal challenges that overturned Mkhwebane’s reports and findings
Public Protector Busisiwe Mkhwebane has had numerous bruising court defeats that overturned several of her reports and recommendations, which has led to Parliament starting a process to investigate whether she is fit to hold office.
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Can I have some beer with my oil and gold?
Like all good stories, this one starts in a [mythical because we’re South African] pub … but not for the reasons you imagine.
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Absa's warns of steep drop in half-year profits
The bank, previously owned by Barclays, said first-half headline earnings per share were expected to decline by between 92% and 97% from the comparative period’s 920 cents.
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Absa clerk accused of looting R25m from Limpopo govt remanded in custody
Fhatuwani Mudzanani appeared in court on Monday. The clerk was arrested on Friday.
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Safpu: Absa sponsorship decision massive blow to football
Absa and the PSL made the announcement on Thursday that the bank would not be renewing its sponsorship agreement at the end of the current season.
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Absa grants R5.8bn payment relief to customers affected by COVID-19
The bank said over 370,000 account holders had taken advantage of its payment relief program.
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SA banks' relief for virus-hit borrowers nears R15 billion
The Banking Association of South Africa said 852,000 of more than 1.2 million people who had applied for banking help had been successful, while others were still being assessed.
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Absa to roll out debt relief for its customers
The bank is the latest to announce measures for eligible customers who've been adversely impacted by the 21-day lockdown.
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LIST: These are the lockdown payment holidays being offered by SA's big banks
Payment holidays are simply a freeze on commitments such as loans and bonds for a certain period. Customers who may be in a tight financial spot can opt-in or just simply carry on paying their debts as usual.
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Absa employees who tested for COVID-19 cleared
The financial services company said the outcome had been reported to the National Institute for Communicable Diseases in line with stipulated guidelines.
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New CEO of Absa to review strategy as SA economy hurts lenders
Absa’s strategy encompassed a drive to win back market share lost while majority-owned by Barclays and to grow its business across Africa. It set itself a series of ambitious targets in order to achieve this.
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Appointment of Daniel Mminele as Absa CEO broadly welcomed
South Africa’s third-largest bank, Absa, has announced that Daniel Mminele will become the bank’s first black chief executive officer.
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Absa appoints former Sarb deputy governor Daniel Mminele as CEO
Mminele, who retired as second-in-command at the central bank in June 2019 after serving more than 10 years there, will be Absa's first black chief executive.
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Absa to open New York office by end of the year
The office is aimed at enabling Absa to better serve clients, including international corporations and institutions, that invest or work in Africa.
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'Comedy of errors' shows Mkhwebane's Absa subpoena intended for FNB
'Mail & Guardian' investigative editor Thanduxolo Jika has written an article about a series of errors that resulted in Busisiwe Mkhwebane serving Absa a subpoena intended for FNB.
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Absa bank reports 5% rise in profit
Absa, once a market leader, has been trying to win back ground lost under the stewardship of former parent Barclays following its split from the British lender in 2017.
