Barclays Africa profit growth slows as rising interest rates bite


(Reuters) – South Africa’s third biggest bank Barclays Africa Group Ltd reported a 7 percent rise in half-year profit on Friday, a slower growth rate as rising interest rates at home hit consumption and investment spending.

(Reporting by Tiisetso Motsoeneng. Editing by Jane Merriman)


This site uses Akismet to reduce spam. Learn how your comment data is processed.