South Africa's central bank to manage capital flows from Barclays deal

Reuters

Published Mar 02, 2016 11:32

South Africa's central bank to manage capital flows from Barclays deal

JOHANNESBURG (Reuters) - South Africa's central bank will work with Barclays (L:BARC) to manage capital flows arising from the partial sale of its 62 percent stake in local lender Barclays Africa Group (J:BGAJ), the Treasury and Reserve Bank said on Wednesday.