JSE slips 0.5% as Absa confirms 2.4 billion rand write-down

The JSE All Share fell 0.45% to 118,486.97 on April 13, while the Top 40 lost 0.47% to 110,689.67. Absa Group confirmed a 2.4 billion rand write-down tied to its technology pivot, and the bank also appointed Sitoyo Lopokoiyit as chief executive of Personal and Private Banking, according to Azat TV and Tech Review Africa. In resources, Sibanye-Stillwater said with Johnson Matthey it would accelerate technology for a low-carbon future, while the miner was also cited on April 9 in coverage focused on copper and PGMs, according to gasworld and news.financial. On the corporate side, GuruFocus published Shoprite's full-year 2025 earnings call transcript on April 12, while AD HOC NEWS highlighted attention on Capitec Bank Holdings on April 8.