News
Absa celebrates separation programme from Barclays
Absa Group, one of Africa’s largest financial services providers, is celebrating substantial completion of its separation programme from Barclays PLC, three years after the start.
The separation, one of the largest and most complex corporate programmes of its kind, followed Barclays PLC’s 2016 decision to reduce its shareholding in the African group to a minority position.
Barclays became the majority shareholder in Absa in 2005 and the two groups subsequently integrated systems, processes and policies over time.
“We are closing an important chapter in the more-than-100-year history of the Absa Group as we wind up the last few elements of separation,” Absa Group Chief Executive Daniel Mminele said in a statement issued in Accra.
“We emerge from this chapter as a proudly independent African bank, strengthened and enriched by our experience as part of the UK group. We have a great foundation to build on and full control to make the decisions that are in the best interest of our customers and other stakeholders across all the African markets we operate in,” he said.
Barclays PLC contributed R12.6 billion (approximately $1 billion at the time) in 2017 towards the three-year separation programme, which comprised mainly Information Technology and brand projects, and which commenced on 6 June 2017.
The programme involved, among others, the largest single data and system migration in Africa as customers in nine countries were switched to a new online banking platform, improving customer experience through greater stability and upgraded user interfaces in several countries.
More than 1,000 branches, 10,000 Automate Teller Machines, close to 16,000 email addresses, several million customer cards, as well as thousands of uniforms, signage, forms, buildings and stationery were rebranded. At its peak, nearly 1,300 employees and contractors were dedicated to the separation programme.
“The initiatives undertaken have fundamentally improved Absa’s resilience, systems and capabilities, benefitting both employees and customers alike,” Mr Mminele said.
“I have been extremely impressed with how diligently and disciplined the colleagues have carried out this mammoth of a project, unparalleled on the continent in terms of size and complexity. We take great pride in having substantially completed the separation from Barclays PLC within budget and inside agreed timelines,” he said.
Absa Engineering Services Chief Executive, Paul O’Flaherty who leads the separation programme said, “The programme carried material risks, including potential large-scale banking system failures and customer attrition.”
“We worked closely with stakeholders including regulators across our presence markets to mitigate risk. We are proud to say that separation has been substantially completed in a safe and successful way,” he said.
BY TIMES REPORTER
The Northern Regional Police Command has arrested three men believed to be part of a kidnapping syndicate responsible for abducting a 42-year-old man in Wapuli, a community in the Yendi District.
The suspects, Haruna Seidu, Amidu Bandi and Osman Bandi allegedly kidnapped the victim and demanded GH¢100,000 from his family for his release.
According to a police statement, officers from the Regional Police Intelligence Directorate were deployed to Wapuli after the incident was reported.
The team conducted surveillance and launched a rescue operation.
On Friday, December 5, 2025, police successfully rescued the victim and arrested the suspects after what was described as an intense exchange of gunfire.
The suspects were later taken into custody and are expected to be arraigned before court.
The Police said the a fourth suspect, who is believed to have sustained gunshot wounds during the operation, is currently on the run.
They urged the public to provide any information that may lead to his arrest.
By: Jacob Aggrey
News
Nana Yaa Serwaa Sarpong advocates Bold educational reforms at the UK House of Lords during Global Education Summit.
On November 27 2025, global development leaders, policymakers, education experts and civil society organisations gathered at the UK Parliament’s House of Lords for the Global Education Summit hosted by The Baroness Verma of Leicester and organised by the African British Business Forum.
The high-level event focused on the global rise in out-of-school children and the urgent reforms required to deliver equitable, quality education for all.
Among the distinguished Speakers was Nana Yaa Serwaa Sarpong, Founder & President of Women in Sustainability Africa (WiSA) and General Manager of the EIB Network, who delivered a compelling address on the theme “Breaking Barriers: Empowering Out-of-School Children Through Education.”
In her remarks, Nana Yaa who is currently celebrating 26years of Service in the Media, emphasized that education must be viewed as essential national infrastructure, not charity.
Borrowing experiences from her 18 years of empowering women and young people, she presented a strong case on how Africa’s poor educational systems tie into the poor state of its Gender Equality gap.
According to her, unlocking access to education is one of the most effective ways to strengthen economies, empower women and young girls, build resilient communities and drive sustainable development.
She highlighted that each child excluded from learning represents deferred innovation, delayed opportunity and a weakened society.
Nana Yaa noted that the barriers keeping millions of children out of school are complex and interconnected—ranging from poverty and cultural norms to geographical isolation and digital exclusion.
Addressing these challenges, she argued, requires solutions that are equally comprehensive and multi-layered.
Nana Yaa stressed that girls remain disproportionately affected, and investing in girls’ education has a transformative impact across several Sustainable Development Goals, including gender equality, poverty reduction, health outcomes and climate resilience.
Nana Yaa advocated for the expansion of flexible, inclusive and community-responsive educational models, such as mobile classrooms for remote and nomadic communities, community learning hubs, after-hours programmes for working children, radio-based instruction for low-tech areas and digital platforms designed to reach learners regardless of connectivity challenges.
She warned that without deliberate action, the digital divide would continue to widen, pushing already vulnerable children further to the margins.
During her presentation, she introduced three major reforms WiSA is seeking Partners for, aimed at reshaping educational access across Africa and beyond.
These are the Digital Bridge for Out-of-School Children (DBOC), the Community Education Stewardship Hubs (CESH) involving local women educators and youth volunteers and the Teen-focused Global Skills Accelerator for Out-of-School Teens (GSA-OT).
She also underscored the need for education systems that support instruction, inclusivity and healing, particularly for children experiencing autism, trauma, displacement or conflict.
Nana Yaa emphasised that emotional and psychological support must be integrated into educational frameworks in order to restore confidence, stability and long-term learning capacity.
The summit concluded with strong commitments from stakeholders to adopt sustainable financing models, strengthen data-driven policies and expand cross-sector partnerships.
The African British Business Forum reaffirmed its commitment to championing innovative, scalable solutions to educational inclusion across the UK, Africa and the wider global community.
