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Barclays assures investors on NSE gold stocks after Africa unit sale

Barclays Bank of Kenya (BBK) says the sale of the lender’s Africa unit will not affect gold securities listed in the Kenyan market.

Head of Markets Anthony Kirui said Thursday parent company Barclays PLC was only reducing its shareholding in Barclays Africa from 62.3 per cent to a minority stake over time.

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