Economic growth could triple this year: Absa

by Speedinet | Mar 26, 2025 | ABSA, FNB, Investment, News, Sections

South Africa looks set for much better growth in 2025, according to analysts at Absa Group,

Kenny Fihla is new Absa CEO

by Speedinet | Mar 17, 2025 | ABSA, Banking, Charles Russon, Kenny Fihla, News, Sections, Sim Tshabalala, Standard Bank

Outgoing Standard Bank South Africa CEO Kenny Fihla will be Absa’s next group CEO with effect from mid-June.

PepsiCo, Absa back farmers’ marketplace app Khula in new funding round

by Speedinet | Mar 3, 2025 | ABSA, AECI, E Squared Investments, Karidas Tshintsholo, Khula, News, PepsiCo, Retail and e-commerce, Sections

PepsiCo’s South African development fund and Absa are backing the Khula mobile marketplace app for farmers.

Discovery Bank top among consumers: DataEQ

by Speedinet | Dec 4, 2024 | ABSA, Banking, DataEQ, FNB, News, Sarah Lamb, Sections, TymeBank, Vitality

A detailed analysis of more than three million consumer social media posts over the past year shows Discovery Bank is South Africa’s “favourite bank” for 2024.

Average value of online transactions is outpacing physical retail: Absa

by Speedinet | Nov 18, 2024 | ABSA, News, Retail and e-commerce, Sections

Absa says the average value of online shopping transactions is growing, while in physical stores the opposite is happening.

PayShap payment limit raised to R50 000

by Speedinet | Nov 6, 2024 | ABSA, Capitec, Fintech, FNB, Nedbank, News, PayShap, Sections, Standard Bank, TymeBank

BankservAfrica has increased the upper payment limit for PayShap transactions from R3 000 to R50 000.