Browsing: Maria Ramos

Barclays Africa Group is getting a revamp, ending Barclays’ 100-year history on the continent. The lender on Wednesday ditches the name of its former parent to revert to Absa Group after the British bank sold down

Former finance minister Des van Rooyen said on Wednesday he does not believe billionaire Johann Rupert influenced his redeployment a few days after his appointment as minister. An EWN reporter quoted the cooperative governance minister on Twitter

Former Absa CEO Steve Booysen, who now heads up Metrofibre Networx – in which he is a significant investor – has outlined plans by the broadband telecommunications specialist to become the latest player to target South Africa’s fast-growing fibre-to-the-home market

Absa has opened an entirely paperless branch at Johannesburg’s upmarket Hyde Park Corner shopping centre. The branch offers automated queuing systems to minimise the time consumers have to spend in the branch and is the model that the bank will use for all of its branches across South Africa

“Today, tomorrow, goodbye.” This tagline, a cheeky version of Absa’s slogan, “today, tomorrow, together”, used by trade union Solidarity in its Stop Absa campaign this week, reflects the sweeping changes at the country’s second largest bank. Hundreds of staff were given retrenchment notices this week or asked to reapply for their positions, while some were given immediate marching