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Absa Group

Coverage of Absa Group in the Nexus archive.

Earliest in view: Jun 21 · 13:24 UTCMost recent: Jul 23 · 14:53 UTC
Co-mentioned in this coverage
South Africaplace2Absa Bank Tanzaniaorganization1National Bank of Commerceorganization1Tanzanian governmentorganization1Tanzaniaplace1South African randtopic1Africaplace1first-half profittopic1Earningstopic1Kenyaplace1Ghanaplace1United Statesplace1Nigeriaplace1data protectiontopic1Electiontopic1Absa Bank Kenyaorganization1East Africaplace1$23.9 milliontopic185%topic1
Recent coverage
  • BUSINESSJul 23 · 14:53 UTCTHE RIO TIMES
    Absa Nears Deal to Merge Tanzanian Banks into $3bn Lender

    Absa Group plans to merge Absa Bank Tanzania into National Bank of Commerce, forming a $3 billion lender that would rank third in Tanzania. Absa controls 55% of the merged entity, while the Tanzanian government holds a 30% stake.

  • BUSINESSJul 2 · 13:09 UTCTHE RIO TIMES
    Absa’s Shares Tumble as a Stronger Rand Bites

    Absa shares fell nearly 7% after the South African bank warned that a stronger rand and weaker Africa earnings would reduce first-half profit. The bank attributed the decline to currency and regional performance factors.

  • POLITICSJun 22 · 16:46 UTCTHE RIO TIMES
    Africa Intelligence Brief — Monday, June 22, 2026

    Absa is investing capital in Kenya, Ghana has refused US funding to protect its citizens' data, and Nigeria's election is a key focus. The brief highlights business, technology, and political developments across Africa.

  • BUSINESSJun 21 · 13:24 UTCTHE RIO TIMES
    South Africa’s Absa Bets $239 Million on Deeper Control of Its Kenyan Bank

    South Africa's Absa is offering $239 million to increase its stake in Absa Bank Kenya to 85%. This move is part of a broader South African banking expansion into East Africa.