Tag ArchivesABSA


GTC launches inaugural Gap Cover Survey

Sanlam and Absa have emerged as the top-ranked medical Top-up –  often referred to as ‘Gap’ cover –  providers in South Africa, according to the first ever ranking of these product providers, conducted by leading wealth and advisory firm GTC. Sanlam was ranked as the leading provider of Gap cover for under 60-year olds, whilst […]

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It’s never too late to financially plan for your bundle of joy

By Viwe Diyasi, certified financial planner and general manager at Absa. Whether you’ve just found out you’re expecting a bundle of joy, or whether you are already starting to show, it’s never too late to financially plan for your bundle of joy. In fact, this is true whether you are married, single or divorced when you […]

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ABSA April PMI erases losses sustained in March

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) erased the losses sustained in March and edged back above the neutral 50-point mark in April, according to the Bureau for Economic Research. The index rose by 4 points to reach 50.9 index points in April. This is more or less in line with the level recorded […]

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Dushen Naidoo

Absa Appoints New Head of Insurance 

Following the unveiling of a new group strategy on March 1, Absa’s Wealth, Investment Management and Insurance (WIMI) division is pleased to announce the appointment of Dushen Naidoo as Managing Executive for its pan-African Insurance businesses. (more…)

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Barclays Africa announces changes to group structure and management

Barclays Africa announced today that the Group’s new growth strategy, announced on 1 March 2018 requires a change in operating models to deliver the three stated priorities: (i) restoring market leadership in core businesses, (ii) creating a thriving organisation; and (iii) building new propositions. “The new Group structure will consist of four businesses: Retail and Business Banking […]

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Absa’s NewFunds in yet another first

Absa’s NewFunds, an offering by the bank’s Corporate and Investment Banking unit (CIB), is today listing two new Exchange Traded Funds on the Johannesburg Stock Exchange. (more…)

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Growing pile of money

Banking customers’ expectations higher than ever before – SAcsi 2017 Survey

The latest South African Customer Satisfaction Index (SAcsi) for Banking, conducted by Consulta in Q4 2017, reveals that Capitec continues to lead with the most satisfied customers. (more…)

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BUDGET 2018: COMMENT from the experts

“The projected GDP growth of 1.5% will be challenged by a VAT increase to 15% and the 52c/l increase on the fuel levy as these two factors will drive headline inflation to rise above expected levels in 2018. Additional taxes will put consumers under pressure and limit spending in the economy. We can expect the domestic […]

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