05/18/2016
Ramos, 57, is having to contend with Barclays Plc’s moves to reduce its controlling stake in the third-biggest South African lender as part of British bank’s plan to raise cash, shrink globally and conserve capital.
05/13/2016
A report into the 2014 collapse of South Africa's biggest unsecured lender African Bank Investments laid the blame squarely on management, saying they negligently chased after growth while lacking banking experience.
05/09/2016
The fast-growing economies of Africa face headwinds from the pull-back of international banks from the continent, Barclays' erstwhile-chief executive told CNBC, as the bank moves to sell down its business in Africa.
05/09/2016
The belief, according to investigation, is that the rush into new African frontiers has more to do with what appears to be the downturn in the economy and unclear policy direction on the part of the Federal Government.
05/06/2016
Prices paid by private equity (PE) firms for stakes in African companies are at a six-year high, with global investors showing “strong interest in investing in Africa’s real economy”, new research