South African Mining Falls 12.7% in August
South Africa mining output fell 12.7% year on year in August, the steepest drop since October 2022, as platinum, coal...
October 13, 2026Topic
Absa
Absa Digital Asset Custody Goes Live in South Africa
South Africa's Absa now holds Bitcoin for big investors, a first for an African bank, it says. Local crypto holdings...
October 4, 2026
Kenyan Banks Strengthen as South African Rivals Enter
Moody’s says Kenya’s banks are more profitable, yet they hold government debt worth 1.7 times their equity as South African...
October 2, 2026
Uganda Orders Audit of Lubowa Hospital After MPs Barred
Uganda's Parliament ordered an audit of a delayed specialist hospital after MPs were locked out. The opposition puts public spending...
October 1, 2026
Absa Wins GEPF Custody Contract to Guard South Africa’s US$215 Billion State Pension Fund
GEPF custody transition confirmed: Absa replaces Standard Bank as custodian of R3.5 trillion, about US$215 billion, in state pension assets.
August 19, 2026
Absa Share Price Drop: Why a Stronger Rand Cost 7%
Absa share price drop explained: Africa's biggest bank fell almost 7% after warning a stronger rand would trim first-half profit....
July 2, 2026