Absa Purchasing Managers’ Index March 2020 By | April 1, 2020 Absa Purchasing Managers’ Index March 2020 Absa | Corporate and Investment Banking > Media & News 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 of 2019. The… Read More
PMI declines for a 4th consecutive month By | March 2, 2020 PMI declines for a 4th consecutive month Absa | Corporate and Investment Banking > Media & News 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 half of 2009… Read More
CDC unveils further US$100 million trade finance agreement with Absa in major boost to trade finance in Africa By | January 20, 2020 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 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 impact investor for… Read More
PMI continues downward trend By | January 8, 2020 PMI continues downward trend Absa | Corporate and Investment Banking > Media & News 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. In any case,… Read More
