A lengthier recession awaits if we don't take drastic measures to save the economy in a Covid-19 world, writes Mbhazima Shilowa.
Three former Barclays executives were acquitted in London of charges they helped funnel £322m in secret fees to Qatar during the credit crisis, in return for rescue funding.
Absa's programme to separate from Barclays is 69% complete and 184 of the 266 projects have already been delivered, two years into the three-year programme.
By its own admission, Absa is lagging FirstRand, Nedbank and Standard Bank in the average number of products per customer and the loyalty of its clients.
British bank Barclays says that it returned to net profit in the first half of 2018, after logging a loss last time on the sale of its Africa division.
Barclays CEO Jes Staley has been fined about 10% of his annual income by British regulators for his attempts to uncover a whistleblower.
British banks have been forced to reveal their own so-called gender pay gaps, and it's confirmed that in London's testosterone-fuelled financial sector, female workers are coming off second best.
British multinational bank Barclays on Friday announced that it would be reducing its stake in Barclays Africa to 14.9%
Barclays Africa CEO Maria Ramos has accepted an invitation to become a member of the prestigious Group of Thirty (G30).
As Barclays faces another legal battle, here is a look back at the scandals that have rocked the London-based bank in recent years.
Barclays and four former executives have been charged with conspiracy to commit fraud during the bank’s 2008 capital raising from Qatar as it sought to avoid a bailout.
The lawsuit centers on collusion on foreign-exchange trading strategies, for which the European Commission fined Barclays, RBS, Citigroup, JPMorgan and Mitsubishi UFJ Financial Group, a total of €1.07bn in May.
Absa Group's separation from UK-based Barclays has been progressing well, Jason Quinn, Absa Group Financial Director has said.
KPMG is continuing to lose staff and clients in South Africa more than a year after issuing a public apology for some of the work it did in the country.
We caught Absa secretly rehearsing for Africa's first Intel drone light show, a sort of fireworks-by-drone, as it prepares to launch its new logo in Johannesburg on Wednesday.
Barclays Africa Group, the holding company for ABSA bank, has announced a new structure with four core businesses, part of its long-term vision to chart its own path after separating from its United Kingdom parent company
More than 270 M&A deals are expected in 2018.
Red Kite Management is suing Barclays for alleged market abuse in the copper market that it claims cost the firm at least $850m between 2010 and 2013.
ABSA and Barclays Africa have decided to approach the high court to have Public Protector Busisiwe Mkhwebane’s report into Bankorp reviewed and set aside.
Barclays bank and former executives have been charged with conspiracy to commit fraud when they asked Qatar for $7.7bn to avoid a government bailout.
Zimbabwe's central bank will not bow down to pressure from Zanu PF and other campaigners seeking to have the sale of Barclays Zimbabwe to FMB reversed.
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