Namibia dismisses minister accused of rape
South African lender Absa posts marginal rise in interim profit
10:45 CAT | 14 Aug 2023
Image: Reuters
South African lender Absa Group ABGJ.J on Monday posted a marginal rise in interim profit as it benefited from higher interest rates whose impact was partly offset by higher impairments, the bank said.
The lender posted a headline earnings per share – a profit measure – of 13.21 rand ($0.6945) for the half year that ended June 30, against 12.67 rand seen in the corresponding period a year ago.
($1 = 19.0202 rand)
Source: Reuters
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