Uganda’s real GDP expanded 4.9% y/y in Q2 22, marginally weaker than the prior quarter’s 5.1%, following a marked moderation in import taxes. The pace of growth is anticipated to slow in H2 2022 as households navigate a higher inflation and lending rates environment. Economic growth will average about 4.3% …
Read More »Changing a century’s worth of heritage to look towards the future of the Absa Group
Separation from Barclays PLC has allowed Absa to roll out a whole new brand reflecting its African identity. Marie Jamieson, head of marketing and corporate relations for ARO (Absa Regional Operations) highlights the challenges and successes of the bank’s rebranding journey. In 2016, when Barclays PLC announced it was reducing its …
Read More »Shareholders approve change of Barclays to Absa Group Limited
Johannesburg, South Africa | THE INDEPENDENT | Barclays Africa Group Ltd shareholders have approved that the group changes its name to Absa Group Limited in July, setting in motion the start of one of the largest re-brand projects in Africa at this time. The group name change will not affect …
Read More »