Barclays Says Goodbye To Zimbabwe

One of Africa’s largest Banks, Barclays Bank winds down African markets so as to focus on UK and US markets to commence winding up procedures and protocols.

Jes Staley the Barclays PLC Chief has decided to shut down the banks operation in Africa and plans to officially announce the exit  date on Tuesday the first day of march 2016 with the boards decision.

BBC reports that Barclays’ supposed failure in Africa has as much to do with Barclays as it does with Africa as a continent. The body has appointed a sub committee to study how and when to sell Barclays Africa.

If you were thinking of buying out Barclays, all you need to do is raise a cool $4bn!