Skip to main content
Login
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published • loading... • Updated

Absa Ramps up IT Spend to R16.7bn

Summary by itweb.co.za
The increase reflects investment in new digital infrastructure capabilities, cyber security, data and cloud, says the bank.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.Cross Cancel Icon

3 Articles

Financial AfrikFinancial Afrik

Absa Group: Increase in Profits and Dividend in 2025

Absa Group, one of the largest banking groups on the African continent, published its annual financial results for the year ended 31 December 2025 on Tuesday, 10 March. The South African giant posted a performance driven by an improvement in the quality of its credit portfolio, an increase in its revenues and a pan-African ambition...

Read Full Article
itweb.co.zaitweb.co.za

Absa ramps up IT spend to R16.7bn

The increase reflects investment in new digital infrastructure capabilities, cyber security, data and cloud, says the bank.

Read Full Article
bizcommunity.combizcommunity.com

Absa posts 12% rise in annual earnings

Source: Reuters.Absa Group posted a 12.25% rise in full-year headline earnings on Tuesday, 10 March 2026 as credit impairments declined and the Corporate and Investment Banking (CIB) and Africa regions units reported growth. Read more...

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

bizcommunity.com broke the news in on Tuesday, March 10, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

Cyber Security icon

Cyber Security

Infrastructure icon

Infrastructure

South Africa icon

South Africa

Cybersecurity icon

Cybersecurity

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal