Absa denied rumours on Thursday that it is planning mass retrenchments to cut costs. Employees affected by its restructuring process, were being given the opportunity to apply for positions across the group, it said. It was responding after Solidarity challenged Absa CEO Maria Ramos to confirm or deny rumours
Absa group chief information officer Len de Villiers is stepping down at the end of the year and says he plans to take time off to “recharge his batteries” before deciding what to do next. The Absa CIO role is one of the biggest and most demanding IT management jobs in SA
Banking group Absa has earmarked 25% of the money it plans to spend on IT on innovation and new products, with the rest going to maintaining and improving existing systems. The bank spent R5bn last year on technology. Christo Vrey, managing executive
Banking group Absa and cellular network operator Vodacom have signed a “multimillion-rand agreement”, which they say will “accelarate the pace of mobile innovation and expand the range of banking and mobile services on offer to
