Absa Purchasing Managers’ Index (PMI) rose to 52.6 points, up from 50 in October

Absa Purchasing Managers’ Index (PMI) rose to 52.6 points, up from 50 in October Absa | Corporate and Investment Banking > Media & News SHARE December 5, 2022 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose firmly back into expansionary terrain in November. The index rose to 52.6 points, up from 50 in October and an…

Read More

Absa funds the first Renewable Energy Projects

Absa funds the first Renewable Energy Projects Absa | Corporate and Investment Banking > Media & News SHARE November 14, 2022 Absa funds the first Renewable Energy Projects to reach Financial Close in Bid Window 5 of the South African REIPP Programme Johannesburg, 14 November 2022–Absa acted as the joint mandated lead arranger and lender…

Read More

African markets build resilience in a challenging environment

African markets build resilience in a challenging environment Absa | Corporate and Investment Banking > Media & News SHARE November 9, 2022 Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region African countries have responded positively to the need to develop domestic financial markets to protect economies from…

Read More

Absa Purchasing Managers’ Index October 2022

Absa Purchasing Managers’ Index October 2022 Absa | Corporate and Investment Banking > Media & News SHARE October 4, 2022 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose from 48.2 index points in September to 50 in OctoberÂą. This is slightly better than the average recorded during the previous quarter (49.6). However, the Transnet strike and…

Read More

Absa Purchasing Managers’ Index September 2022

Absa Purchasing Managers’ Index September 2022 Absa | Corporate and Investment Banking > Media & News SHARE September 3, 2022 Following a rebound in August, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) once again declined in September. The index fell to 48.2, from 52.1 in August and averaged 49.3 points in Q3. More intense load-shedding during…

Read More

Absa Corporate and Investment Bank selects TCS BaNCS to reimagine its custody business

Absa Corporate and Investment Bank selects TCS BaNCS to reimagine its custody business Absa | Corporate and Investment Banking > Media & News SHARE August 22, 2022 Tata Consultancy Services (TCS) announced that Absa Corporate and Investment Bank has selected TCS BaNCS™ Global Securities Platform to transform and modernise its investor services offerings and enrich…

Read More

Absa Purchasing Managers’ Index falls from 52.2 points in June to 47.6 in July

Absa Purchasing Managers’ Index falls from 52.2 points in June to 47.6 in July Absa | Corporate and Investment Banking > Media & News SHARE August 1, 2022 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) further declined in July, suggesting that the manufacturing sector experienced a tough start to the third quarter following a…

Read More

Absa PMI fell sharply to 50.7 index points in April 2022

Absa PMI fell sharply to 50.7 index points in April 2022 Absa | Corporate and Investment Banking > Media & News SHARE May 9, 2022 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell sharply to 50.7 index points in April 2022. This is the lowest level of the PMI since July 2021 when unprecedented looting and…

Read More