The PMI rose from 49.5 in November to 50.7 points in December, which is just above the neutral mark and signals growth in the sector.
The seasonally adjusted Absa PMI (Purchasing Managers’ Index) rose to 49.5 index points in November from 42.4 in October.
Absa | Latest 2018 media statements from Absa
20 March 2018
Absa PMI rises to just below neutral 50-point mark in January 2018
Absa's PMI January 2018 rose to 49.9 index points. This is the best reading since May 2017.
Absa | Latest 2018 media statements from Absa
20 March 2018
Barclays Africa Group Relaunches as Absa Group with a Fresh New Look
Barclays Africa Group Limited has officially been renamed Absa Group Limited and started trading under its new name and new share code (ABG).
The dismal Purchasing Managers Index reading suggests that the South African manufacturing sector ended the year on the back foot.
Absa | Latest 2018 media statements from Absa
20 March 2018
Absa Investment wins again at the 22nd Raging Bull Awards
The Absa Asset Management and Multi-Management teams came out tops at the 2018 annual Raging Bull Awards held in Cape Town last night.
Absa | Latest 2018 media statements from Absa
20 March 2018
Absa’s High Court Challenge of Public Protector Report Successful
The Court found that the remedial actions of the Public Protector “were a product of a procedurally unfair process and are unlawful” and “was not impartial”.
Absa | Latest 2018 media statements from Absa
20 March 2018
Introducing a new and unconventional way to open an account
Today, Absa introduced a quick, simple and convenient end-to-end way to open an account for new customers.
Africa Financial Markets Index. All six pillars as it did in 2017, having been overtaken by Kenya on ‘access to foreign exchange’ and by Nigeria.
Absa | Latest 2018 media statements from Absa
20 March 2018
The Money Makeover Challenge in partnership City Press
City Press and Absa will be launching the 2018 Money Makeover Challenge with six new contestants on Sunday 14 October 2018.