Absa Purchasing Managers’ Index March 2020 Absa | Corporate and Investment Banking > Media & News > Press Statement SHARE April 1, 2020 During the first quarter of 2020, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) experienced the weakest quarterly performance since 2009. The PMI averaged at 45.9 index points, compared to 47.6 in the fourth quarter…

PMI declines for a 4th consecutive month Absa | Corporate and Investment Banking > Media & News > Press Statement SHARE March 2, 2020 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined for a fourth consecutive month to reach 44.3 in February 2020. The 0.9-point decline brought the index to the lowest level since the second…

CDC unveils further US$100 million trade finance agreement with Absa in major boost to trade finance in Africa Absa | Corporate and Investment Banking > Media & News > Press Statement SHARE January 20, 2020  Deal follows the recent announcement of CDC’s initial US $75 million risk sharing facility with Absa CDC Group plc (“CDC”), the UK’s…

PMI continues downward trend Absa | Corporate and Investment Banking > Media & News > Press Statement SHARE January 8, 2020 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged lower to 47.1 index points in December 2019 from 47.7 points recorded in November. The December figure is about one point below the average recorded through 2019.…