NAIROBI, KENYA: For many companies, change can be unsettling; even painful at times. It can also be exciting: filled with the promise of new beginnings. This is very much where Absa Group, previously, Barclays Africa Group finds itself as it launches its new name after Barclays PLC sold down its majority stake.
This sell-down was completed by December last year, and Barclays PLC now holds 14.9% of the Group.