JOHANNESBURG: Atlas Mara Ltd, co-founded by former Barclays Plc chief executive officer Bob Diamond, said it will cut jobs and costs as weaker African currencies and slowing growth caused a 71% drop in first-half profit.
“We have executed a group-wide cost-reduction programme to align our cost base with the current revenue environment,” the company, incorporated in the British Virgin Islands and traded in London, said in a statement.
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