Barclays profits jump 49% in 2016
Tuesday, March 28, 2017
Renniette Van Der Merwe
According to the bank’s recently announced financial results, the profit rise was driven by sustained revenue growth in the retail and business banking as well as the corporate and investment banking. These two segments grew by 11% and 30% respectively.
“The bank has continued to make progress in growing the key business segments in the various sectors of the economy,” managing director (MD), Reinette van der Merwe said.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...