Markets await key Barclays� decision on Africa

Tuesday, March 01, 2016

Barclays Africa Group Ltd yesterday moved to calm the markets ahead of today’s crucial announcement by parent company, Barclays Plc on its possible divestment from the continent.

In a statement, Barclays Africa said any announcement by its London-listed parent company will not impact the shareholding and ownership of operations in individual African countries, including Botswana.

This follows an announcement by Barclays Plc on Sunday that its board was evaluating strategic options in relation to its shareholding in its African business.

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