Barclays

International case may set precedent in rand-rigging battle

Article Lynley Donnelly & Gemma Ritchie - 6 Feb 2019

Standard Chartered pleaded guilty to currency manipulation (which included the rand) between 2007 and 2013

Competition commission resolute in bank collusion hearings

Article Lynley Donnelly - 31 Jul 2018

Despite sustained attacks from banks in the forex hearings, the Competition Commission remains confident of its case

Is Absa’s new coat of paint enough?

Article Thulebona Mhlanga - 13 Jul 2018

Analysts say the rebranded banking giant needs more than just a fresh logo to regain market share

ABSA parent Barclays Africa Group drops KPMG

Article bogdan TagDiv - 3 May 2018

Barclays Africa Group announced that it is cutting ties with beleaguered firm KPMG as its joint auditors

Keep an open mind on the land debate: Maria Ramos

Article Lynley Donnelly - 1 Mar 2018

The land debate has to be approached calmly and responsibly says Barclays Africa Group chief executive Maria Ramos.

Banks seek settlement — and also challenge collusion claims

Article Lynley Donnelly - 12 May 2017

"Earlier this year, the commission brought a case against 17 major local and international financial institutions for collusion"

Barclays Africa apologises for its role in rand-fixing

Article Renee Bonorchis 1 - 23 Feb 2017

The bank's South African unit, Absa, says the Competition Commission is not seeking any administrative penalty against it.

Investors shun banks’ good news

Article Staff Reporter - 16 Sep 2016

The ‘big four’ are faring well in tough times yet their shares remain cheap, confounding analysts.

SA looks set for ‘stay of execution’ on downgrade

Article bogdan TagDiv - 3 Jun 2016

It appears that South Africa's rating downgrade has been postponed until December - but is inevitable regardless, say some economists.

Motsepe eyes Barclays Africa stake

Article Matuma Letsoalo Author - 13 May 2016

Mining tycoon Patrice Motsepe reportedly has his sights set on being a major player in the banking sector.

Barclays to sell down Africa stake after profit drops 56%

Article Stephen Morris - 1 Mar 2016

The bank has plans to deconsolidate Barclays Africa Group, which Absa is a part of, and intends to sell down its 62% stake in the business.

Barclays to sell Africa operations

Article Lloyd Gedye - 21 Jan 2016

Given the deterioration of the continent’s prospects, the question is who would want to take over the bank's 62% stake in JSE-listed Barclays Africa.

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Latest

Coronavirus

WATCH IT AGAIN: Ramaphosa addresses the nation on measures to contain Covid-19

Staff Reporter - 9 Apr 2020

President Cyril Ramaphosa addressed the nation on the continuing efforts to contain the spread of Covid-19. This included the extension of the national lockdown by another two weeks

Coronavirus

More than 900 Americans to be evacuated from South Africa

Chris Gilili - 9 Apr 2020

Three flights are expected to leave South Africa over two days, embassy spokesperson says

National

Yeoville can police itself, thank you

Simon Allison - 8 Apr 2020

In the Johannesburg suburb, neat queues are enforced, physical distances maintained and fights stopped by its community policing forum

Press Releases

Special Reports

Rahima Moosa Hospital nursing college introduces no-touch facial recognition access system

Staff Reporter - 8 Apr 2020

The new system allows the hospital to enrol people’s faces immediately, using artificial intelligence, and integrates easily with existing access control infrastructure, including card readers and biometrics

Special Reports

Everyone’s talking about it. Even Kentucky

Staff Reporter - 7 Apr 2020

Earlier this year South African fried chicken fast-food chain, Chicken Licken®, launched a campaign for their wallet-friendly EasyBucks® meals, based on the idea of ‘Everyone’s talking about it.’

Special Reports

New energy mix on the cards

Derek Davey - 3 Apr 2020

REI4P already has and will continue to yield thousands of employment opportunities

Special Reports

The online value of executive education in a Covid-19 world

Staff Reporter - 27 Mar 2020

Executive education courses further develop the skills of leaders in the workplace

Special Reports

Sisa Ntshona urges everyone to stay home, and consider travelling later

Staff Reporter - 26 Mar 2020

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

Special Reports

SAB Zenzele’s special AGM postponed until further notice

Staff Reporter - 24 Mar 2020

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

Special Reports

20th Edition of the National Teaching Awards

Staff Reporter - 23 Mar 2020

Teachers are seldom recognised but they are indispensable to the country's education system

Special Reports

Awards affirm the vital work that teachers do

Thabo Mohlala - 23 Mar 2020

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world