Barclays to sell African operations over 2-3 years

Wednesday, March 02, 2016

Barclays Bank MD addressing the media.PIC: KAGISO ONKATSWITSE

Barclays Bank Botswana has announced that the sale of 62.3 percent shareholding in Barclays Africa by their parent group, Barclays Plc will not affect their operations at least for now.

Yesterday, the London-based Barclays Plc confirmed that they are divesting and selling their P55 billion stake in Barclays Africa over the next two to three years.

The group owns about 62.3 percent stake in the Barclays Africa Group, which in turn owns about 67.8 percent of Barclays Bank Botswana.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Aflame: Part of Kgale SuperSpar was damaged during the January blaze PIC: FACEBOOK

Kgale Spar reopens after blaze

Staff Writer | 10 h ago

Sebego stands for BFA presidency

Larona Makhaiza | 11 h ago

Motion of no confidence ejects netball exco

Correspondent | 1d ago

Gaborone giants face diamond sides in FA Cup quarterfinals

Kabelo Boranabi | 1d ago

Morapedi heaps praise on Gaolaolwe

Larona Makhaiza | 1d ago

Den makes winning return for Kopong200

Kabelo Boranabi | 1d ago

No two ways; marathons must be regulated

Mqondisi Dube | 1d ago

Sweet revenge as Nawa clinches J30 Singles title

Calistus Kolantsho | 1d ago

Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

The Monitor Editor | 15 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More