Absa Purchasing Managers’ Index shows solid improvement in October

Absa Purchasing Managers’ Index shows solid improvement in October Absa | Corporate and Investment Banking > Media & News SHARE November 5, 2020 The Absa Purchasing Managers’ Index (PMI) rose to a solid 60.9 index points in October, up from a revised* 58.5 index points in September. The further increase at the start of the fourth quarter…

Read More

The Absa Purchasing Managers’ Index (PMI) ticked up in September

The Absa Purchasing Managers’ Index (PMI) ticked up in September Absa | Corporate and Investment Banking > Media & News SHARE October 1, 2020 Following a robust increase in August, the Absa Purchasing Managers’ Index (PMI) ticked up further to 58.3 index points in September. The shift to a lower lockdown level mid-month likely drove the further…

Read More

Absa collaborates with Epic ERP and AJS to offer digital solutions

Absa collaborates with Epic ERP and AJS to offer digital solutions Absa | Corporate and Investment Banking > Media & News SHARE August 12, 2020 Absa collaborates with Epic ERP and AJS to offer digital solutions that help clients run a secure and efficient business. Absa Corporate and Investment Banking (CIB) has collaborated with two…

Read More

PMI for July signals improvement in the manufacturing sector

PMI for July signals improvement in the manufacturing sector Absa | Corporate and Investment Banking > Media & News SHARE July 9, 2020 The Absa Purchasing Managers’ Index (PMI) for July declined slightly compared to the previous month, but continued to signal a further month-on-month improvement for conditions in the manufacturing sector. The PMI declined to 51.2…

Read More

Absa June PMI showed continued improvement in the SA manufacturing sector

Absa June PMI showed continued improvement in the SA manufacturing sector Absa | Corporate and Investment Banking > Media & News SHARE July 1, 2020 The Absa Purchasing Managers’ Index (PMI) for June showed that conditions continued to improve in the South African manufacturing sector. This is after most of the sector came to a near standstill…

Read More

Absa arranges Dangote Cement PLC’s Record NGN 100 Billion Bond Issuance

Absa arranges Dangote Cement PLC’s Record NGN 100 Billion Bond Issuance Absa | Corporate and Investment Banking > Media & News SHARE June 19, 2020 Absa Capital Markets Nigeria Limited (“Absa”), acting as joint lead issuing house, has successfully completed Dangote Cement PLC’s (“Dangote Cement”) debut Series 1 bond offering, allocating NGN 100 billion in…

Read More

Absa PMI rises sharply in April off low base

Absa PMI rises sharply in April off low base Absa | Corporate and Investment Banking > Media & News SHARE June 1, 2020 After plunging to an all-time low of a mere 5.1 index points in April, the business activity index of the Absa PMI survey rose sharply to 43.2 index points in May. “The…

Read More

Absa PMI business activity indicator crashes to all-time low

Absa PMI business activity indicator crashes to all-time low Absa | Corporate and Investment Banking > Media & News SHARE May 4, 2020 The business activity index of the Absa PMI survey crashed to an all-time low of a mere 5.1 index points in April. The decline means that manufacturing output came to a near standstill during the nationwide lockdown,…

Read More