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Pulse Business Wrap - 19th Jan 2016 | Barclays to sell Africa shares, DKM boss charged for fraud

139 views · Published 19 January 2016 · 1:38 · Indexed 22 October 2026

Channel: Pulse Ghana · 2016 · Entertainment

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Barclays to sell shares in Barclays Africa: After being one of the few western banks to establish a presence in sub-Saharan Africa, Barclays is planning a retreat.It is preparing to sell some of its 62 per cent stake in Barclays Africa, one of the continent’s largest banks, employing about 44,000 people with 1,267 branches, as Jes Staley, Barclays’ new chief executive, refocuses on a narrower range of business, according to The Wall Street Journal.

DKM Boss Charged For Fraud: .The Chief Executive Officer of DKM Microfinance LTD, Martin K. Delle has been arraigned before an Accra Circuit Court presided over by Aboagye Tandoh for dishonestly appropriating GH¢40,000. Delle however denied the charge of fraudulent breach of trust and was remanded into police custody until January 21.Lamti Apanga, lawyer for Delle, had urged the court to grant bail to his client. 

HFC were the biggest losers of the day, dropping 18p to close at 1.02p, whereas Benso Oil Palm Plantation recorded the biggest gain, gaining 1p  to close at 2.81 p.

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