Absa

 
What do the Guptas' employees say?
What do the Guptas' employees say?
Employees working in companies belonging to the Gupta-owned Oakbay Investments knocked on the doors of three major South African banks on Tuesday...
Cosatu slams banks for shunning Gupta family businesses
Cosatu slams banks for shunning Gupta family businesses
The Congress of SA Trade Unions (Cosatu) on Monday accused auditing firm KPMG and three of the country’s big four banks of “political posturing” for unexpectedly cutting ties with Gupta-owned businesses and shutting down their bank accounts....
Guptas become too hot to handle
Guptas become too hot to handle
It has just become much harder for the controversial Gupta family to do business.
KKNK: An Englishman in Oudshoorn
KKNK: An Englishman in Oudshoorn
Absa is the sponsor of the KKNK, and part of the Barclays Group. Much has been made of Barclays’ reasons for pulling out of Africa. Maria Ramos,...
South African banks shrug off economic storm
South African banks shrug off economic storm
It may seem like dark days for the local and global economy, but it is blue skies for South Africa’s big four banks, which have managed to grow...
Barclays to sell down Africa stake after profit drops 56%
Barclays to sell down Africa stake after profit drops 56%
Barclays said it will sell down the stake in its Africa business and reorganise the company into two divisions, as fourth-quarter profit fell by...
Barclays to sell Africa operations
Barclays to sell Africa operations
South Africa could be facing a massive disinvestment with global banking giant Barclays putting its Africa operations up for sale.
Get out of dirty fossil fuel
Get out of dirty fossil fuel
The fossil fuel industry, including the world's producers of oil, gas and coal, must be put out of business by 2050 to avoid dangerous climate change...
House prices rise but property values decline in real terms
House prices rise but property values decline in real terms
The cost of living is rising – and so are house prices. But, in real terms, residential property prices have declined substantially over the past...
Bank crunch: To bail out or bail in?
Bank crunch: To bail out or bail in?
It wasn't the failure of African Bank that prompted Moody's to downgrade the ratings of South Africa's big four banks, but rather the Reserve...
Edcon plans credit sales growth as loss narrows
Edcon plans credit sales growth as loss narrows
Edcon Holdings, South Africa's largest clothing retailer, plans to sell more items on credit as a boost in revenue at the discount division helped...
Absa announces end of political party funding
Absa announces end of political party funding
Absa has stopped all political donations, the bank said on Monday.

Client Media Releases

Pharmaceutical warehouses keep cool with Imperial
NWU Mafikeng Campus holds annual Excellence Awards
MTN's acquisition of Smart Village is finalised
Sanral acts against irregular expenditure