Absa has launched two unique banking solutions, namely Absa Emerging Entrepreneur and Absa Business She Thrives, aimed at empowering youth and women in their business endeavors.
Additionally, eligible businesses will enjoy no initiation fees on their first credit facility and qualify for up to 50% off their bond registration costs. The proposition also offers a 35% discount on short-term insurance premiums, an Employee Care Plan, and access to educational content through Udemy, masterclasses, and networking via Lionesses of Africa and the National Small Business Chamber.
Absa’s comprehensive approach aims to empower these business owners and contribute to economic growth. Sanah Gumede, Head of Strategy and Customer Value Management at Absa Relationship Banking, emphasizes the value of providing access to business-focused training and networking opportunities for small businesses, particularly those owned by youth and women.
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