Barclays Africa confident split will not hurt Tanzania business

Barclays PLC has announced its intention to sell 187 million ordinary shares in Barclays Africa Group, which represents approximately 22 per cent of Barclays Africa’s issued share capital. And, despite a tough economic climate in Tanzania, Barclays Africa is confident its business will continue to grow without Barclays PLC’s majority shareholding. Barclays Africa deputy CEO, Peter Matlare joins CNBC Africa for more.

Partner Content

An Innovative Approach is what will save us

Charmaine Mabuza, Group CEO of ITHUBA Holdings Every functional business has business continuity plans...

Standard Chartered and Airtel Africa form a partnership to drive financial inclusion across Africa

Dubai, United Arab Emirates / London, United Kingdom – 13 August 2020: Standard Chartered Bank and Airtel Africa have today announced a...

THE FUTURE JUST ARRIVED: THE ROLE OF BANKS IN A POST-COVID WORLD

THE COVID-19 GLOBAL pandemic has brought forward the future. It has brought about humanity’s biggest challenge in a century, to choose between...

Subscribe to our newsletter

Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox

- Advertisement -