Absa Group in the news

DHL Express and Absa Group collaborate to expand the GoTrade program, supporting Sub-Saharan African SMEs with logistics and financial solutions for cross-border trade.

DHL and Absa Group formed a partnership to expand DHL's GoTrade program across Sub-Saharan Africa, offering training, logistics, and financial services to SMEs to facilitate cross-border trade and e-commerce growth.

DHL and Absa Group have partnered to deploy the GoTrade program in sub-Saharan Africa, combining logistics and financial tools to support SME cross-border trade and e-commerce.

DHL and Absa Group partnered to expand the GoTrade program in Sub-Saharan Africa, combining logistics and financial services to support SME growth in cross-border trade and e-commerce.

Absa Group introduced its new Seychelles Managing Director to President Herminie, discussing financial sector development, investment, and digitalization.

Absa Group's AI chatbot serves 1.6 million users, handling over 100,000 queries monthly, demonstrating the company's focus on technology for growth and improved customer and business outcomes.

Absa Group is pursuing fintech partnerships to integrate its banking services into popular apps, targeting younger, digitally-native customers.

Absa Group significantly increased its ownership in Absa Bank Kenya to 71.99% through a tender offer.

Absa Group Limited released its earnings call presentation for the second quarter of 2026.

Absa Group achieved record first-half profit driven by its South Africa business, while simultaneously accelerating efforts to diversify earnings across 14 other African markets despite a decline in profit from its other African operations.

Absa Group reported an 8% increase in headline earnings to R12.8 billion for the first half of 2026, driven primarily by strong performance in its South African operations.

Absa Group is expanding its presence in Africa, exploring a Nigerian merchant bank conversion and targeting growth in other key countries, following a strong first-half net income increase.

Absa Group raised its stake in its Kenyan subsidiary to roughly 72% via a tender offer, acquiring an additional 3.5% of shares.

Absa Bank partnered with SAS and AWS to modernize its credit risk management, significantly improving reporting efficiency and model deployment speed.

Absa Group's global employee count is projected to reach 37,325 by March 2026, representing a 6.7% increase from 2023.

Diverse banking innovations in payments, savings, and employee wellness earned Absa Group multiple international digital banking awards.

Absa Group is reassessing its delayed entry into the South African mobile virtual network operator market while competitors gain significant ground.

Absa raised R3 million for charity while its new banking head outlined a strategy to accelerate digital and mobile transformation.

Shareholders of Absa Group staged a major revolt by voting against a 9 million dollar compensation package for CEO Kenny Fihla.

Absa faces shareholder backlash over its financing of a controversial Mozambique gas project and the executive pay package awarded to its new CEO.