Absa bank
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...
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Absa denies making donation to CR17 campaign
The ‘Sunday Independent’ listed Absa Nation Building as having given over R10 million to the campaign in the lead up to the conference held in Nasrec.
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Absa services back online after frustrated customers' complaints
Many said they've not been able to make transactions because Absa’s digital banking platform, ATM's and card channels have not been functioning.
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Digital newcomers out to disrupt South African banking
It will be first time the $30 billion industry has faced competition since the early 2000s, when Capitec Bank muscled into a sector dominated by Absa, FirstRand , Nedbank and Standard Bank.
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[LISTEN] When TV ads fail
Branding and advertising expert Andy Rice discusses this week’s advertising ‘heroes’ and ‘zeroes’.
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Absa H1 profit down 4%
Headline earnings per share (EPS) came in at 877.8 cents in the six months ended June compared with 917.3 cents a year earlier.
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Changing face: Absa reveals new identity
Absa says it wants to claim its African identity by changing its image across all its operations on the continent.
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Mkhwebane’s office to approach SCA to challenge High Court ruling
The High Court in Pretoria on Wednesday dismissed advocate Busisiwe Mkhwebane’s application for leave to appeal the earlier ruling.
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Absa files Mkhwebane apartheid bailout report review
Absa chief executive Maria Ramos says the remedial action rests upon material errors of fact and law.
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Absa: No incidents from BLF since court interdict
Before an interdict was granted last week, BLF had stormed an Absa branch at Gandhi Square in the Johannesburg CBD.
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Absa considers laying criminal charges after BLF members storm branch
Absa says it has video footage and photos of on Thursday’s incident in which supporters of the BLF stormed the building leaving a customer injured.
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Absa granted interdict against BLF over planned marches at branches
The BLF is demanding that Absa pay back around R1 billion, which it received a part of an apartheid bailout to Bankorp.
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Absa files to join SARB case against Public Protector
Mkhwebane released a report in Pretoria weeks ago, where she ordered the special investigating unit to recover more than a billion rand from Absa.
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Reports: Leaked documents reveal Gupta family spying on top bank bosses
The Sunday Times is reporting that the family has been at the forefront of an attack on South African banks after many closed the Gupta’s accounts.
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Mkhwebane open to talking to those opposed to her report on Bankorp
Parliament is planning to legally challenge Mkhwebane's report in a judicial review and Absa is also planning legal action.
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Parliament to challenge Mkhwebane’s report on Bankorp bailout
Busisiwe Mkhwebane's report said govt failed to protect the public interest by bailing out Bankorp between 1985 and 1991.
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Judge Davis: I still don't believe Absa must pay back the money
The Public Protector found this week that Absa must repay more than R1 billion that Bankorp received as a bailout.
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Absa: Mkhwebane ignored or misunderstood submissions on Bankorp issue
Absa Bank has confirmed that it is going to court to challenge Public Protector Busisiwe Mkhwebane's report and its findings.
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Corruption Watch: Mkhwebane SARB recommendations ‘out of line’
The Public Protector says the bank's monetary policy should change and it should no longer focus on protecting the value of the currency.
