ABSA, Barclays Separation 69% Complete
Monday, June 17, 2019
![Barclays Botswana HQ](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2019/june/17/phphY3KL1.jpg&w=400&q=72&f=jpg)
Barclays Botswana HQ
According to the group, 184 of their 266 projects have been successfully delivered, two years into the three-year programme. The separation comprises the gradual replacement of services, primarily involving operational and information technology, provided to Absa by Barclays PLC, which reduced its shareholding in the African financial services group to a minority stake in 2017.
It also includes transitioning from the Barclays brand to ‘Absa’ in 12 countries, a process that is underway with South Africa having been completed during 2018. Paul O’Flaherty, chief executive: Engineering Services, at Absa Group, said very few programmes of this level of complexity are being undertaken in the financial services industry today.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...