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Tag: ABSA

Harmony and Absa CIB conclude ground-breaking Sustainable Finance and ESG transaction

Absa Corporate and Investment Banking (Absa CIB) and emerging market mining specialist, Harmony Gold Mining Company Limited (Harmony), have finalised a new syndicated, multi-tranche, multi-currency, sustainability-linked and green use of proceeds...

Proparco and Absa join forces to support SMEs impacted by the Covid-19 crisis

Proparco is collaborating with South Africa's third largest bank by assets, Absa Bank Limited, by granting it a senior loan of $20 million to contribute to its support plan for Corporate...

Manufacturing sector facing a ‘stop-start’ recovery

RISKS related to the fourth wave of the Covid-19 pandemic and uncertainty regarding load shedding continue to weigh on local manufacturers, despite positive news regarding domestic and export sales volumes as...

Absa Purchasing Managers’ Index (PMI) declines by 3.1 points in December to 54.1

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) lost some momentum in December 2021 but remained in expansionary territory. The headline index declined by 3.1 points to 54.1. Excluding inventories, all the major...

Sanlam and Absa set to combine their investment management businesses and it is going...

SANLAM, Africa’s largest non-banking financial services group, and Absa, one of Africa’s largest diversified financial services groups, have announced that they have reached agreement to combine their investment management businesses. This major...

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The energy morass

CBN Editor Robin Hayes asks if foreign funded vested interests are at play. IT beggars belief that we have endured loadshedding for more than 14...

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