Absa Purchasing Managers’ Index declines from last month as four of the five sub-components of the headline PMI nudge down.

Absa receives US regulatory approvals to open representative office in New York.

South Africa’s sophisticated financial markets secure top spot for third year in a row.

Bayport selects Absa for the deal because of the long-term relationship between the company and the bank.

Absa leads the successful syndication of Harmony Gold’s US Dollar term loan and revolving credit facilities.

Absa PMI declined to 45.7 index points in August, with a notable drop in expected business conditions in six months’ time.

Absa’s April PMI falls in May, dropping the year’s second quarter average to below the first quarter average.