IN THE DARK DAYS of apartheid, Barclays was criticised over its links with South Africa but now its commitment to the continent looks like good business sense. The bank has suffered from a dual structure in Africa which has prevented it aligning the business with the rest of its global retail operation. Now a reverse takeover of its regional subsidiaries by Absa, the Barclays controlled lender, looks set to accelerate its “One Africa” strategy articulated by former CEO Bob Diamond last year.
You need to be a SportBusiness Sponsorship subscriber to view this content
Talk to our team of experts to learn more about the benefits of subscribing
Already have an account? Sign in here