Company Data
| Last traded |
R150.00 |
| Change |
R0.00 |
| % Change |
0.00% |
| Cumulative volume |
1.30m |
| Market cap |
R107.73bn |
Related Articles
Top Stories
May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
Dubai - Barclays Plc plans to move its Africa headquarters in Dubai back to Johannesburg, a spokesperson for the bank said on Sunday, leaving more than 120 employees with the option of relocating or quitting the bank.
The British lender mainly runs back office functions for its Africa operations out of its Dubai base. A source said employees had been informed of the plan and their options.
Sami Lahoud, head of corporate affairs at Barclay's Africa, said 123 employees affected by the move will have until the end of the year to decide.
"These are individual decisions based on peoples circumstances and preferences," Lahoud added. "The majority of senior positions will move to Johannesburg.
"By the 1st of January 2012, we will be operating out of Johannesburg."
Barclays Africa headquarters was based in South Africa until 2006 when it was moved to the Gulf Arab emirate.
The latest move follows the recent decision by Barclays and its majority-owned
Absa Group [JSE:ASA] to combine their operations, the source said. Barclays bought a 56.4 percent stake in Absa in 2005.
Barclays Capital's head of Islamic products left the company in January as the British bank refocused its attention to core businesses.