Tag Archives: Absa Group

Kampala, Uganda | THE INDEPENDENT |  Absa Group CEO Kenny Fihla is visiting Uganda this week as part of his first strategic East Africa roadshow since taking up the role of Group CEO last month. The visit underscores Absa’s commitment to regional integration, customer-centricity, and long-term investment in East Africa’s …

Johannesburg, South Africa  | THE INDEPENDENT | Absa Group reported headline earnings of R10.2 billion for the first half of 2024 and said it expects an improvement in second-half Group performance as its South African retail businesses demonstrated earnings growth across the portfolio in the first six months of the year. …

Uganda’s real GDP expanded 4.9% y/y in Q2 22, marginally weaker than the prior quarter’s 5.1%, following a marked moderation in import taxes. The pace of growth is anticipated to slow in H2 2022 as households navigate a higher inflation and lending rates environment. Economic growth will average about 4.3% …

Separation from Barclays PLC has allowed Absa to roll out a whole new brand reflecting its African identity. Marie Jamieson, head of marketing and corporate relations for ARO (Absa Regional Operations) highlights the challenges and successes of the bank’s rebranding journey. In 2016, when Barclays PLC announced it was reducing its …

Johannesburg, South Africa | THE INDEPENDENT | Barclays Africa Group Ltd shareholders have approved that the group changes its name to Absa Group Limited in July, setting in motion the start of one of the largest re-brand projects in Africa at this time. The group name change will not affect …