Barclays’ decision to sell down its stake in a Johannesburg-listed venture is a consequence of past mistakes at European banks rather than a reflection of Africa’s future prospects, South Africa’s finance minister said. Emerging markets are often “victims of policymaking” by developed nations and it is wrong to blame them entirely for recent problems such as the collapse in economic growth and the huge capital outflows they face, Pravin Gordhan told Reuters.
Read the full article by here: Johannesburg, South Africa News
Submit and get free press releases here: MyPR Free Press Release.
Click HERE to submit your Johannesburg or Gauteng Press Release.
Read more on: MyJHB
Read more on MyJHB.
Join the fun: Add Your event | Submit a Press Release | Add your listing.
