British bank Barclays sells $687-million stake in Arrie Rautenbach-led Absa Group
Absa Group shares have fallen by more than four percent since the opening of the Johannesburg Stock Exchange this morning.
Absa Group
Absa’s first Black CEO Daniel Mminele receives $2.1 million in termination payment from Absa Group
The South African executive became CEO of Absa Group in January 2020.
South African financial services group, Absa Group, appoints Arrie Rautenbach as CEO
Rautenbach has been with Absa since 1997.
Jason Quinn-led Absa Group resumes dividend payment as earnings exceed $1.1 billion
The issued dividend reflects the group’s strong financial performance at the conclusion of its 2021 fiscal year.
Patrice Motsepe, Sanlam in talks to acquire Absa Group’s asset management arm
The deal would create one of South Africa’s biggest lenders.