#Absa Group

Public Healthafricanexaminer.com

Absa Bank Boosts Uganda’s Fight Against Covid-19

(AFRICAN EXAMINER) – A frontline financial institution, Absa Bank has strengthened Uganda’s fight against COVID-19 pandemic with the donation of 160 medical oxygen cylinders. Absa Bank Uganda Limited, a subsidiary of Absa Group, one of Africa’s largest diversified financial services groups with a presence in 14 countries, currently operates an...
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Market Review, Corporate Updates, Commodities & Currencies - 03.08.21

South African markets closed in the red yesterday, pulled down by losses in mining sector stocks and amid increasing cases of coronavirus infections. Gold mining companies, AngloGold Ashanti (JO: ANGJ ), Sibanye-Stillwater and Gold Fields (JO: GFIJ ) declined 1.7%, 1.2% and 0.9%, respectively. Platinum mining stocks, Anglo American (JO:...
Public Healthdatasciencecentral.com

The risk of using ‘half-baked’ data to address the challenges posed by COVID-19

As COVID-19 rampages across the globe it is altering everything in its wake. For example, we are spending on essentials and not on discretionary categories; we are saving more and splurging less; work-life balance has a deeper focus on mental health; we are staying home more and traveling less. Our priorities have changed. If you look at this unfolding scenario wearing a data hat, the facts and knowledge we relied upon to forecast markets have been rendered practically useless.

Short Interest in Absa Group Limited (OTCMKTS:AGRPY) Rises By 520.0%

Absa Group Limited (OTCMKTS:AGRPY) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 3,100 shares, an increase of 520.0% from the June 15th total of 500 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 4.4 days.
Energy Industrysierraleonetimes.com

Durban seeks private power to limit impact of load shedding

Ethekwini municipality has become the first in the country to seek proposals for private power generation. The municipality has issued a request for information for the supply of 400 megawatts of power. The aim is to mitigate the impact of load shedding on the local economy, create sustainable jobs and...
Energy Industryenergyvoice.com

Mantashe defends merger plans, Rompco pre-emption

Creation of a strong national oil company is essential to meeting South Africa’s energy needs, Minister of Mineral and Energy Resources Gwede Mantashe has said. Mantashe, talking during an Absa Group webinar, noted plans were under way to combine iGas, PetroSA and the Strategic Fuel Fund (SFF). The three companies are subsidiaries of the Central Energy Fund (CEF).