By Reuters PHOTO:COURTESY
Barclays is in exclusive talks to sell its stake in its Zimbabwe unit to Malawi-based First Merchant Bank, the lenders said on Tuesday. First Merchant Bank said in a statement on its website it was in
exclusive talks to buy out the 68 per cent of Barclays Bank of Zimbabwe owned by the British company. A spokeswoman for Barclays confirmed the bank was in early discussions with a prospective buyer. Read more at: https://www.standardmedia.co.ke/business/article/2001234345/barclays-in-talks-to-sell-zimbabwe-bank
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