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Tag: Barclays

Barclays hires rival Deutsche Bank’s top man in South Africa

Barclays has hired Deutsche Bank’s top investment banker in South Africa, an indication that the UK bank is expanding beyond its transatlantic strategy and rebuilding its presence on the African continent. Simon Denny, who...

Tempting JSE stocks emerge amid SA’s economic woes

South Africa’s economy is producing a steady stream of negative headlines: recession, record unemployment and the weakest manufacturing in eight years. Amid all this bad news, some JSE-traded stocks are...

Gloom gripping South African economy

Barclays Africa Group just delivered further evidence that South Africa’s economy won’t be climbing out of the doldrums anytime soon. The Johannesburg-based lender kicked off the earnings reporting season for South Africa’s...

Barclays Africa commits to progress on the African continent through growth strategy

Education and Skills – spend R1,4bn in education and skills development targeting the youth Enterprise Development – enable access to affordable finance for SMEs by raising R1,3bn through corporate supply and distribution chains...

Bleak January PMI print signals tough conditions in SA manufacturing

The outlook for the SA manufacturing sector remains poor. The Barclays/BER Purchasing Managers’ Index (PMI) printed below the all-important 50 mark for the sixth consecutive month, indicating that production in SA’s...

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Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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