A selloff in Absa Group shares may have further to run as the South African lender’s disappointing earnings guidance causes ...

Lower-than-expected growth forecasts are fuelling concerns over profitability, capital flexibility and the bank’s turnaround ...

Absa Group Ltd (AGRPY) recently announced a dividend of $0.74 per share, payable on 2024-05-02, with the ex-dividend date set for 2024-04-18. As investors look forward to this upcoming payment, the ...

More than Sh21 billion in extra dividends will be shipped to South Africa as Johannesburg-based multinationals buy additional ...

South Africa’s Absa Group Ltd. plans to raise its stake in its Kenyan unit to 85% through a $238.7 million tender offer, underscoring its confidence in East Africa’s growth prospects.

Earnings call Absa Group delivered strong interim results with headline earnings up 17% YoY to nearly R12 billion and ROE improving to 14.8%, though still just below the 15.1% cost of equity.

Absa is facing significant backlash from institutional investors over the pay package of its executives, specifically its new CEO, Kenny Fihla.

Absa Group of South Africa will accept all offers of 10,000 shares and below for each shareholder in its purchase of an additional 16.5 percent stake in Absa Bank Kenya, sparing small investors the ...

As part of a strategic plan to drive growth and reinforce its position in the market, Absa on Friday announced changes to the group’s executive committee. The banking giant said in a statement the ...

Following the finalisation of its refocused Group Pan-African Strategy, Absa Group today announced several executive leadership changes, reinforcing its ongoing commitment to enhanced strategic ...

Johnson Idesoh, Absa Group’s Information and Technology chief, shares his thoughts regarding successfully implementing innovation in business. Global Finance: What mandate were you given when you ...

Absa has launched the Absa Youth Entrepreneurship Fund (Ayef) to support young South African entrepreneurs. This initiative, ...