Advertisement
Central bank to manage capital flows from Barclays deal
&format=webp)
Lesetja Kganyago, Governor of the Reserve Bank of South Africa, poses for a photo in the Manhattan borough of New York October 6, 2015. REUTERS/Carlo Allegri
"The Reserve Bank will work with Barclays Plc and Barclays Africa to ensure that any potential risks from the transaction are mitigated," a joint statement said.
Advertisement
South Africa's central bank will work with Barclays to manage capital flows arising from the partial sale of its 62 percent stake in local lender Barclays Africa Group.
Advertisement
The Treasury and Reserve Bank said this on Wednesday in a statement made available to Reuters.
Advertisement
Subscribe
Sportal WhatsApp
Latest Videos
Advertisement
Videos
-
Business 06.09.2017Stranded? Don't worry you are covered!
-
Business 06.09.2017Stranded? Don't worry you are covered!
-
Business 29.03.2017Taking customer engagement to new levels -
Business 10.03.2017Check out the new 2017 model
&format=webp)
&format=webp)
&format=webp)
Advertisement
Advertisement
More from Pulse Nigeria
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
Advertisement