Latest Absa Group News & Updates

See the latest news and media coverage for Absa. We track all announcements, press releases, and industry mentions in real time, all in one place.

Absa Group (Absa)

South African banking and financial services group

absa.co.za

Headquarters: Johannesburg, South Africa
Founded year: 2018
Company type: Public company
Number of employees: 40,000+
Industry: Banks

Last updated Today

Latest news about Absa Group (Absa)

In short: Absa expanded its African footprint, formed strategic AI and vehicle finance partnerships, and faced shareholder scrutiny over CEO pay.

Company announcements

July 17 Absa

Absa partners with MyDough to support SMEs

The six-month development journey provides SMEs with skills, mentorship, and networks.

June 17 Absa

Absa discusses climate disclosure challenges for insurers

The Prudential Authority's guidance requires insurers to treat climate disclosure as financial reporting, but implementation faces data and capability gaps.

May 27 Absa

Absa announces new Business Banking Chief Executive

Leon Barnard will lead Business Banking across Pan Africa, effective 1 June 2026, to drive growth and deepen customer relationships.

March 10 Absa

Absa grew headline earnings by 12% to R24.8bn

Revenue rose 5%, impairments fell 6%, and credit loss ratio improved to 88 bps.

Media coverage

July 15 MSN

South Africa's Absa Group ready to buy more Absa shares in open market

South Africa's Absa Group says it is ready to buy additional shares of Absa Bank Kenya in the open market beyond its current purchase of...

July 10 Bloomberg

South Africa’s Absa Faces Deeper Slide as Analysts Turn Cautious

A selloff in Absa Group Ltd. shares may have further to run as the South African lender’s disappointing earnings guidance causes once-bullish analysts to turn...

July 8 IT News Africa

Absa Deepens BYD Alliance as South Africa's Electric Vehicle Market Surges

Absa Deepens BYD Alliance as South Africa's Electric Vehicle Market Surges - IT News Africa - African Business Technology News...

July 6 Moneyweb

Fitch Revises Absa Group and Absa Bank’s National Long-Term Ratings to ‘AAA(zaf)’ on Recalibration

Fitch Revises Absa Group and Absa Bank’s National Long-Term Ratings to ‘AAA(zaf)’ on Recalibration On 3 July 2026, Fitch Ratings revised Absa Group’s and Absa...

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