Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

Absa has agreed to buy Barclays Africa in an all-share deal worth R18,33bn (£1.3bn), writes Alistair Gray. As a result, Barclays – which paid $4.5bn for a majority stake in Absa in 2005 – will ...

Barclays, a British multinational universal bank, has planned to expand its banking services in Africa. In March 2016, Barclays announced it was going to separate from the South-Africa-based financial ...

LONDON/JOHANNESBURG (Reuters) - British bank Barclays is in talks about combining its African operations with those of majority-owned subsidiary Absa Group in a move aimed at accelerating expansion on ...

Change is inevitable, and after 104 years, the blue had to go. Last week, Barclays Bank ended its Kenyan expedition, transitioning to Absa, which explains why the lender has been painting the town red ...

Absa Group has stepped up its pan-African expansion strategy in search of a larger market share and profits. Following its 2017 separation from Barclays, the bank is consolidating its presence across ...