Banking group Absa on Monday reported a 3% increase to R16.1 billion in 2018 normalised headline earnings and said its return on equity improved to 16.8% from 16.5%.It said 2018 was a year of almost unprecedented corporate activity as the group, formerly owned by the UK’s Barclays, repositioned itself for delivery against a new growth strategy as an independent African bank.
Group financial director Jason Quinn said: “Despite a challenging backdrop, we are particularly pleased with our improved momentum as we embark on our new growth strategy.
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Absa restructuring puts hundreds of jobs at risk | IOL Business ReportFinance labour union Sasbo was notified to begin consulting staff on the potential impact of the move, union representative Philip Landman said. busrep Interesting that all the banks are shedding staff - Nedbank had net reduction in headcount, as did Standard and now Absa. Shows what technology in particular can do.
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Polokwane City move to 5th place on the Absa premiership log - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Polokwane City have swapped places with Supersport United moving into fifth place on the ABSA premiership table after beating Golden Arrows 2-0 in Polokwane. They only team with best effort in psl so far And the picture?
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