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Absa Group

Absa Plans $636-Million Black Empowerment Deal for Staff & Investors

Absa, one of South Africa's largest banks, is currently planning a $636-million (R9,4-billion) transaction which could possibly see 8% of the lender's shares given to staff and third-party investors. Further, Media24 reports, the transaction will enable all of Absa's employees...

Absa Group Appoints New Chief Risk Officer

Absa has appointed Deon Raju as the new Group Chief Risk Officer - effective 1 June 2021. Raju is currently Absa Group Treasurer, primarily responsible for the liquidity risk, funding, capital, and non-traded market risks of the Group. He has...

Absa Partners with AWS to Launch Cloud Computing Skills Incubator

Absa has launched a cloud incubator initiative in collaboration with Amazon Web Services (AWS) to enhance its cloud computing skills across its operations in Africa. This move is part of Absa's broader efforts to promote learning, experimentation and innovation across the...

5 Reasons why you should use ChatBanking on WhatsApp

How many times do you check your phone every day? Probably a good few. And if you’re like most other people with a smartphone in South Africa – or anywhere in the world, actually – chances are that it...

Absa invites Bok fans to ‘tap and go’ with new card

Absa Group has announced that it will expand the network of its innovative contactless smart-card to include rugby fans who gather to experience Springbok encounters at Absa Boktown. The first trial of the new Springbok Supporters Club tap and go card is...
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Latest News

How Much Data Does Streaming Use?

Video streaming is the next big thing in the entertainment business. More consumers are developing a preference for streaming...
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