FinanceNews & AnalysisThe Big Story

Absa Bank opens new office in China

by Paul Murungi
Absa CEO Group Arrie Rautenbach
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Getting your Trinity Audio player ready… Absa Group has marked a historic milestone with the official launch of a non-banking subsidiary in the People’s Republic of China, fortifying the vital economic bridge between Africa and China.The Absa office in China will operate under a wholly foreign-owned enterprise license which permits…

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About the Author

Paul Murungi is a Ugandan Business Journalist with highly specialised financial journalism training from South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage involves ground breaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the general Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards in business and technology at the ACME Awards.

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