Africa: Barclays Africa Soothes Stakeholders, Warns of Tough 2016

Barclays Africa (BAGL, formally Absa) will ensure there is an appropriate and satisfactory outcome for all stakeholders after its holding company announced plans to exit the business on Tuesday.

As was expected, Barclays Group (PLC) announced its intention to sell down its 62.3% interest in Barclays Africa within the next two to three years.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.