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Picture: Supplied by Absa Group.

Absa bank

Absa bank reports 5% rise in profit

By Reuters

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...

  • Picture: Supplied by Absa Group

    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.

    1053 days ago
  • Picture: Supplied by Absa Group

    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.

    1295 days ago
  • FILE: Discovery Group offices in Sandton. Image: Abigail Javier/EWN.

    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.

    1304 days ago
  • A screengrab from Nando's 'More South African Flavour' advert. Picture: YouTube.

    [LISTEN] When TV ads fail

    Branding and advertising expert Andy Rice discusses this week’s advertising ‘heroes’ and ‘zeroes’.

    1394 days ago
  • Picture: Supplied by Absa Group

    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.

    1424 days ago
  • The new Absa logo. Picture: Supplied

    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.

    1450 days ago
  • FILE: Public Protector Busisiwe Mkhwebane on 4 December 2017. Picture: Thomas Holder/Eyewitness News.

    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.

    1554 days ago
  • Picture: EWN.

    Absa files Mkhwebane apartheid bailout report review

    Absa chief executive Maria Ramos says the remedial action rests upon material errors of fact and law.

    1813 days ago
  • FILE: Black First Land First Leader Andile Mngxitama. Picture: Christa Eybers/EWN.

    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.

    1814 days ago
  • Black First Land First Leader Andile Mngxitama.  Picture: Christa Eybers/EWN

    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.

    1819 days ago
  • Picture: EWN.

    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.

    1820 days ago
  • FILE: Head of Absa and Barclays Africa CEO Maria Ramos. Picture: Reinart Toerien/EWN

    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.

    1826 days ago
  • FILE: Atul Gupta. Picture: Supplied.

    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.

    1831 days ago
  • FILE: Public Protector Busisiwe Mkhwebane during a press briefing. Picture: EWN

    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.

    1832 days ago
  • FILE: Public Protector Busisiwe Mkhwebane. Picture: Kgothatso Mogale/EWN.

    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.

    1834 days ago
  • Picture: EWN.

    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.

    1835 days ago
  • FILE: Head of Absa and Barclays Africa CEO Maria Ramos. Picture: Reinart Toerien/EWN

    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.

    1835 days ago
  • FILE: Public Protector advocate Busisiwe Mkhwebane. Picture: Gia Nicolaides/EWN.

    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.

    1836 days ago
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