Daniel Mminele Archives – CEO East Africa

Absa Group Earnings Decline; 7% Pre-provision Profit Growth Indicates Positive Underlying Performance

CEO ReporterCompany NewsMarch 17, 2021March 17, 2021

Absa Group Ltd., one of Africa’s largest financial services providers, has reported a 51% decline in normalised headline earnings to R8 billion after impairments nearly trebled to R20.6 billion amid…

COVID-19: Absa Group earnings decline by 82%

Samuel MuhimbaCompany NewsAugust 27, 2020August 27, 2020

Absa Group Ltd, parent group of Uganda’s 3rd largest bank by assets and customer deposits, has reported an 82% decline in normalized interim earnings after impairments increased four-fold to R14.7…

Ex South African Reserve Bank Deputy Governor, Daniel Mminele, appointed Absa Group’s new Chief Executive

Muhereza KyamuteteraBanking & Financial Services Company News The Big StoryJanuary 6, 2020January 6, 2020

Absa Group Limited (AGL) today, 6th January 2020, announced the appointment of Aaron Daniel Mminele as Group Chief Executive of Absa Group, effective from 15 January 2020. Mminele will be…