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Uganda: Barclays to Get New Owners
Independent (Kampala), 7 March 2016
Barclays Bank Uganda branch on Luwum Street in kampala. INDEPENDENT/JIMMY SIYAChange in Group shareholders won't affect Barclays operations in Uganda, says Central bank Read more »
Barclays Bank Set to Pull Plug on African Investment
Barclays Africa Group says it remains committed to Africa and it is optimistic about growth prospects - this as Barclays Britain weighs its options after losing millions of Pounds due to the falling Rand and its decision to refocus on its British and American core business.
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Africa: Barclays 'Will Not Pull Out of Tanzania'
Daily News, 2 March 2016
Barclays Bank Tanzania has said its parent company is not pulling out of Tanzania and Africa despite a move to reduce its stake in Barclays Africa Group. Read more »
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Africa: Barclays Africa Soothes Stakeholders, Warns of Tough 2016
News24Wire, 1 March 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… Read more »
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Africa: Barclays Africa's Profits Up 10 Percent Ahead of Possible UK Exit
News24Wire, 1 March 2016
Barclays Africa [JSE:BGA] reported a 10% increase in profit for 2015 on Tuesday, hours before the UK holding company announces whether it will exit the business. Read more »
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Uganda: Barclays Exiting Uganda
Monitor, 28 February 2016
Barclays Bank Plc is Tuesday expected to announce its plan to partially or wholly exit Africa, according the Financial Times, quoting sources close to the matter. Read more »
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Africa: What Barclays' Africa Exit Means for Kenya
Nation, 1 March 2016
Anxiety has gripped the Kenyan financial markets as Barclays, the London based parent owner of Barclays Kenya, is set to announce the future of its African operations. The move is… Read more »
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Africa: Barclays Africa Is Deeply Rooted On Continent - CEO Maria Ramos
News24Wire, 29 February 2016
By linking 12 banks together across the continent in 2013, Barclays Africa Group [JSE:BGA] put the future of the bank "firmly in our own hands", CEO Maria Ramos said on Monday… Read more »
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Africa: Barclays Plan to Exit Africa Causes Anxiety in Tanzania
Citizen, 29 February 2016
Customers and employees of Barclays Bank Tanzania Ltd are eagerly waiting for the official announcement of the planned exit of the parent lender in Africa, a move that has created… Read more »
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Africa: Barclays Kenya CEO Calms Depositors Over Africa Sale
Nation, 29 February 2016
Barclays Bank on Monday moved to assures customers that its Kenyan operations will not be affected by the planned Africa exit of UK-based holding company Barclays PLC. Read more »
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Africa: Barclays Plans Africa Exit
Observer, 24 February 2016
If Barclays Bank Plc succeeds in its plans to sell a huge size of its Africa operations and quit the continent, it will bring to an end a mixed bout of emotions for its Uganda… Read more »
InFocus
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Barclays Africa Group Limited confirms that it will close down its regional operations and technology management office in Nairobi by 31 March this year. Read more »
