Barclays� crown jewel sparkles brighter
Friday, February 20, 2015
Ofong giving answers regarding Barclays. PIC: KAGISO ONKATSWITSE
Mmegi: What value of business in terms of assets did the portfolio generate across Africa last year?
Ofong: We are in a closed period at the moment and I cannot share those figures. What I can say, however, is that over the last two years, we have been growing our assets by more than 30 percent on a compound basis and this is something that we want to continue, going into the new financial year.
According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...