Tag: ABSA
Absa finances three Wind Energy Projects that reach Financial Close in Bid Window 5...
Absa acted as a mandated lead arranger and lender for three Red Rocket Energy (Pty) Ltd (“Red Rocket”) renewable energy projects which reached financial...
From the “On the Contrary” column – A tale of brilliance and human frailty
A Prosperous New Year to you, dear reader! My wish is that 2023 will bring you happiness and good health.
We could look at the...
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,...
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...
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...
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...
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...
Absa and The Digital Academy help to address the need for critical digital skills
ABSA Group continues to show its commitment to addressing critical skills development as was demonstrated during the annual Digital Academy Showcase event.
The Digital Academy...
ABSA respond to claims they gave R10 million to Cyril Ramaphosa
Right now, Ramaphosa Leaks is the political scandal that has the nation on tenterhooks. A slew of emails and bank statements – made public in a...
Landmark ABSA building to become mixed high-rise
The former ABSA building, an iconic 70’s high-rise in Cape Town’s downtown financial district, is being redeveloped into a unique mixed-use building called Foreshore...