Barclays profits fall 30% on market headwinds
Friday, September 25, 2015
Reinette Van Der Merwe.PIC MORERI SEJAKGOMO
During the period, the bank registered profit before tax of P110 million, which is lower than the P160 million recorded in the same period last year.
However, Barclays managing director, Reinette van der Merwe said the results were satisfactory considering the current unfavourable economic environment that the bank is operating under.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...