Absa bosses score R165 million payday

BusinessTech

Absa executives earned R165 million in 2024 amid leadership changes. The group had a strong financial year, benefiting from improved outlook in South Africa due to the GNU formation and reduced load shedding. Inflation improved, leading to interest rate cuts. East Africa performed well, but Zambia and Mozambique faced challenges. Absa’s headline earnings increased by 10% to R22 million.
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Daily Dive
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