Absa
Absa is a major South African financial services group offering retail, business, corporate and investment banking, wealth management and insurance products. The company is headquartered in Johannesburg and operates across the African continent, with a presence in about 12 countries including South Africa, Kenya, Uganda, Tanzania, Zambia, Botswana, Ghana, Mauritius, Mozambique and Seychelles. Absa is listed on the Johannesburg Stock Exchange and is one of South Africa's largest banks by assets and market capitalisation. The group serves millions of customers, ranging from individual retail clients to small and medium-sized enterprises (SMMEs) and large corporations. Absa offers a comprehensive suite of banking services including transactional accounts, loans, mortgages, credit cards, investment products and digital payment solutions such as digital wallets and QR payments. The bank has been investing heavily in digital transformation and innovation to enhance customer experience and compete in the evolving financial services landscape. Absa was formerly part of Barclays Africa Group until the British bank Barclays sold down its stake, leading to a rebranding from Barclays Africa to Absa in 2018. The group employs tens of thousands of people across its operations and remains a significant player in African banking and financial services.
Absa Updates
Strong exploration system essential to mining’s future, Junior Indaba points out
By: Martin Creamer 9th June 2026 A strong and vibrant exploration system is essential to the future of the mining sector, and to advancing transformation, inclusion, and long-term... →
Roodepoort-born Roodepoort gold miner talks to Mining Weekly 
By: Martin Creamer 29th May 2026 He was born in Roodepoort but never imagined that one day he would be mining gold in Roodepoort, now the site of Qala Shallows, the first new... →
Gold mining on City of Gold's doorstep wins broader bank support
By: Martin Creamer 21st May 2026 A binding term sheet for a senior loan facility of up to a R875-million has been secured by West Wits Mining, which is reviving gold mining on the... →
2026 South African Workplace Equality Index National Report
19th May 2026 As the world marks IDAHOBIT — the International Day Against Homophobia, Biphobia, Interphobia and Transphobia this week — the SA LGBT+ Management... →
Absa PMI up 3.6 points in April following weak first quarter
By: Sabrina Jardim 4th May 2026 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose above the neutral 50-point mark for the first time since September 2025,... →
Further food price pain on the cards for consumers as agri sector faces higher input costs
By: Sabrina Jardim 14th April 2026 While developments around the conflict in the Middle East remain unpredictable, the South African agricultural value chain is already being... →
Home Affairs exceeds 110 bank branches following FNB joining digital partnership rollout
1st April 2026 The Department of Home Affairs has reached yet another major milestone on its digital transformation journey. The Department has exceeded its own... →
Absa PMI edges higher, but record cost pressures cloud manufacturing outlook
By: Sabrina Jardim 1st April 2026 The seasonally adjusted Absa Purchasing Managers’ index (PMI) rose by 1.6 points to 49 in March, from 47.4 in February. Absa says the increase in... →
Platinum group metals and chrome mining company enhances trade finance facilities
By: Martin Creamer 24th March 2026 Tharisa, the mining, metals, and innovation company dual-listed on the Johannesburg and London stock exchanges, has secured new trade finance... →
GCIS refutes claim Smart ID rollout part of DA agenda
By: Thabi Shomolekae 11th March 2026 The Government Communication and Information System on Wednesday clarified that the partnership between the Department of Home Affairs and banks... →
