Social tensions are rising in South Africa. Barclays want to increase its stake in the country. Coincidence?

Posted on

The FT reports this morning that Barclays is seeking to increase its stake in and control over its long controversial South African operations.

Those, like me, who learned their politics in the student world of the 1970s well remember all that Barclays stood for then.

South Africa's social tensions are rising.

Corruption in the country appears to be growing.

Strikers are shot.

And Barclays wants a bigger slice of the action.

Not again, surely?