Barclays

International case may set precedent in rand-rigging battle

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

Competition commission resolute in bank collusion hearings

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?

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

ABSA parent Barclays Africa Group drops KPMG

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

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

"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

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

Investors shun banks’ good news

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

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

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%

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

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.

Latest

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

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

More than 900 Americans to be evacuated from South Africa

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

Yeoville can police itself, thank you

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

Press Releases

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

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

Everyone’s talking about it. Even Kentucky

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.’

New energy mix on the cards

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

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

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

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

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

SAB Zenzele’s special AGM postponed until further notice

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

20th Edition of the National Teaching Awards

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

Awards affirm the vital work that teachers do

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