Absa
- South Africa News
Gauteng man who stole almost R1 million from an Absa client gets 20 years in jail
A Gauteng man who stole almost a R1 million from an Absa account holder over two months has been sentenced…
Read More » - South Africa News
EFF throws weight behind homeowners pursuing R60 billion class action against big banks
The Economic Freedom Fighters (EFF) led by Julius Malema says it fully endorses the “long overdue” R60 billion class action…
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SIU & Transnet gearing up for a legal showdown with Nedbank
The Special Investigating Unit (SIU) and Transnet are gearing up for a legal showdown with commercial lender Nedbank in a…
Read More » - South Africa News
Mayor spends almost R100 000 on rented car & fuel amid struggle to pay salaries
The mayor of the bankrupt Nketoana Local Municipality in the Free State has allegedly spent almost R100 000 of taxpayers’…
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Former Absa employees sentenced for R1 million fraud scheme
Two former Absa employees who used their access to the bank’s electronic banking system to carry out fraudulent activities totaling…
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Gift of the Givers revamps 19 kitchens at Chris Hani Baragwanath Hospital
Gift of the Givers, Absa, Alex Forbes, and Gigi Investments worked collectively by quickly coming to the aid of Chris…
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Foreign national petrol attendant in court for stealing R400 000
A 32-year-old petrol attendant, who allegedly stole about R400 000 from two banks using a skimming device, is expected to…
Read More » - South Africa News
Jason Quinn appointed as Nedbank CEO
Nedbank’s board of directors said its newly appointed chief executive officer Jason Quinn’s track record would help build the bank’s…
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Faith Nketsi’s husband, Nzuzo Njilo vanishes with 15 trucks belonging to Absa
Absa has reportedly been searching for Nzuzo Njilo, the estranged husband of media personality Faith Nketsi, in an effort to…
Read More » - South Africa News
Wife who refused to share her pension fails to get R14K spousal maintenance, only gets 25% of husband’s pension fund
A Free State wife who refused to share her pension fund after retiring was unable to secure R14,000 in spousal…
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15 years in jail for Cape Town man who robbed Eastern Cape Absa bank
A Cape Town man has been sentenced to 15 years imprisonment for his part in a brazen bank robbery by…
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Bank employees found guilty of R1 million fraud
Two Absa bank employees have been convicted of fraud and money laundering in the Gqeberha Specialised Commercial Crimes Court. Florika…
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Bookkeepers ordered to pay back over R2 million they stole from an optometrist
Four bookkeepers who stole over R2 million from an optometrist in Bloemfontein were ordered to pay back the money. The…
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Man who bought a house through auction 9 years ago unable to move in due to legal battle with occupants
A Johannesburg man who bought a house through an auction nine years ago, is still unable to move in after…
Read More » - Mzansi Celebs
Watch: Julius Malema’s son denied to open bank accounts
President of the Economic Freedom Fighters, Julius Malema has accused various banks in South Africa of discriminating against him and…
Read More » - South Africa News
Ex-Absa bank employee nabbed for stealing R2.2 million from clients, depositing it into her child’s account
A 41-year-old Eastern Cape former bank employee has been arrested for fraud amounting to R2.2 million. Thembisa Qinga, a former…
Read More » - South Africa News
Home Affairs: Smart card ID & passport services being rolled out to more banks across SA means less time standing in long queues
As part of its fight against long queues, the Department of Home Affairs has announced the rolling out of some…
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City of Tshwane employees receive no salaries due to an apparent glitch
Thousand of employees in the City of Tshwane have not received their salaries because of an apparent bank system glitch.…
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Absa shareholders to get their say on pay
Absa shareholders are clearly disgruntled with executive remuneration at the banking firm. Yesterday Absa said it would hold a meeting…
Read More » - Business and Technology
Absa PMI records improved business activity in May
An index gauging the level of activity in the manufacturing sector shows its activity has expanded for a tenth consecutive…
Read More » - South Africa News
R103 million Absa fraud case withdrawn after suspect murdered
The R103 million Absa fraud case against a specialist engineer has been withdrawn after a death certificate was presented to…
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More headache for businessman Edwin Sodi as FNB demands his Rolls Royce
Fraud and corruption accused Edwin Sodi’s woes are piling up, with FNB taking the businessman to court for failing to…
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Fired Absa director Sipho Pityana says bank attacking his right to defend his name
Former Absa board director Sipho Pityana said that the banking group was attacking his constitutional right to defend his name…
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Absa fires Sipho Pityana as director of boards
Absa has fired businessman Sipho Pityana from his role as a director of boards at the banking group. The announcement…
Read More » - Business and Technology
Absa launches facial recognition
Absa has launched facial recognition in its Android and iOS apps, allowing clients to authenticate certain transactions by scanning their…
Read More » - Business and Technology
Absa to resume dividend payments
Absa is reporting an increase in interim earnings. The bank is now resuming dividend payments. Group headline earnings grew five-fold…
Read More » - South Africa News
DA fund helps informal businesses run by women
Empowering women is more than annual platitudes on Women’s Day – women should be given real empowerment by assisting them…
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Father of the viral 10 babies, Tebogo Tsotetsi speaks out
Decuplets dad Tebogo Tsotetsi said he was overwhelmed by the support the family had received, and assured South Africans that…
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9 arrested in Krugersdorp protest
Nine people were arrested after clashes with the police on Monday in Swaneville, Krugersdorp. Police are monitoring the situation. Residents…
Read More » - Business and Technology
Absa launches QR payments
Absa has launched a new feature on its mobile app called QR Payments, allowing customers to scan codes from various…
Read More » - South Africa News
SA’s business fraternity mourns death of Peter Matlare
South Africans have been paying tribute to the late Peter Matlare. He died on Sunday at the age of 61…
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ABSA Group Deputy CEO, Peter Matlare dies of Covid
Former Broadcasting executive Peter Matlare has died. His family has confirmed to eNCA that he passed away on Sunday, after…
Read More » - Business and Technology
Absa uses nanotechnology to disinfect ATMs
Absa has announced that it has intensified efforts to combat the spread of the coronavirus at its ATMs by applying…
Read More » - South Africa News
NGO asks President Ramaphosa to suspend Busisiwe Mkhwebane over perjury charges
Non-Governmental Organisation, Accountability Now, is once again calling on President Cyril Ramaphosa to place Public Protector Busisiwe Mkhwebane on precautionary…
Read More » - Business and Technology
Absa hit by data breach
Absa has suffered a data breach affecting a number of its clients, exposing their personal information to external parties. The…
Read More » - Business and Technology
This is why South African banks will not scrap ATM Saswitch fees
South African banks have stopped absorbing the cost of automatic teller machine (ATM) cash withdrawals and Saswitch network charges for…
Read More » - South Africa News
Absa confirms contractor tests negative for CoronaVirus
A contractor who was thought to have possibly contracted Covid-19 has been cleared of the virus, Absa bank said on…
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ANC bigwig to lose R1.6 house after failing to pay Absa
ANC Mpumalanga bigwig Charles Makola is set to lose his R1.6-million Witbank property after he failed to pay R1.3m he…
Read More » - Business and Technology
Absa appoints former Sarb deputy governor Daniel Mminele as CEO
Mminele, who retired as second-in-command at the central bank in June 2019 after serving more than 10 years there, will…
Read More » - South Africa News
Daniel Mminele is Absa’s new CEO – report
Financial Mail reported on Thursday that the Absa board has approved the appointment of Daniel Mminele as the bank’s next…
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Mzansi warned to withdraw enough money ahead of banking-strike
South Africans have been warned to withdraw enough money ahead of the nationwide strike in the banking sector on Friday…
Read More » - South Africa News
We don’t make donations to political parties – Absa
Banking group Absa on Sunday rubbished claims that it made a donation to help fund President Cyril Ramaphosa’s ANC presidential…
Read More » - South Africa News
Absa slams claims that it refused to co-operate with Public Protector
Absa said in a statement on Friday that it had not refused to co-operate with the Public Protector’s (PP’s) investigation…
Read More » - South Africa News
Bankers felt ANC pressure, state capture inquiry hears
Nedbank’s CEO Michael Brown is set to testify at the state capture inquiry on Wednesday. This follows testimony by FNB…
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