Barclays Africa Group Limited
The familiar ABSA Group brand have now changed their name on the JSE (Johannesburg Stock Exchange). They will now be trading as Barclays Africa Group Limited
Absa recently acquired final clearance to take over management of Barclays’ banking operations in Botswana, Kenya, Ghana, Zambia, Uganda, Tanzania, Seychelles, Mauritius as well as Barclays’ Africa Regional Office here in South Africa. The deal, valued at R18.3bn, has been one of the many positive factors contributing to some of the upturns in the recent roller coaster of ABSA stock values and will see a special dividend paid out in November this year.