Absa Group has appointed Kenny Fihla as its new group CEO, bringing over 20 years of financial services experience and a proven track record from Standard Bank.

Absa Group earnings increased 10% in 2024, underpinned by a material improvement in the second half, demonstrating meaningful ...

The budget needs to take steps to reduce debt and wasteful expenditure, and show responsible fiscal management: Charles ...

Absa Group has reported a 10% increase in headline earnings per share for the year ending December 2024, showcasing strong ...

Absa has seen its credit impairments improve, with further relief for the credit credit loss ratio expected in 2025.

Salient points Revenue increased 5% to R109.9 billion Operating costs rose 5% to R58.5 billion Cost-to-income ratio unchanged ...

The key for investors is that “they want policy certainty,” Absa Group interim chief executive ... and show responsible fiscal management, Russon said. Africa’s biggest economy could expand ...