Barclays Africa Group To Re-Brand To Absa Group

March 1, 2018 by

The Barclays Africa Group is to rebrand to Absa Group by 2020, subject to receiving the appropriate regulatory and shareholder approval in all their operating countries. The Barclays PLC has since December 2017, reduced its stake in the Africa Operations from 62 to 15 per cent. Madam Maria Ramos, the Chief Executive Officer of Barclays … Read more

When Barclays PLC Divorced Barclays Africa

March 1, 2017 by

Barclays PLC is to disinvest its controlling interest in the Barclays Africa Group after four years of joining hands with ABSA Group to form one of the most respected financial institutions in the continent. In what could best qualify for a divorce note, Barclays PLC, a UK-based financier, announced on February 23 that it had … Read more