Sanlam Ltd

South Africa’s Sanlam buys 40% stake in Zimbabwean insurer

South Africa’s Sanlam buys 40% stake in Zimbabwean insurer

South Africa’s biggest insurer Sanlam Ltd will buy a 40% stake in a Zimbabwean insurance firm, it said on Thursday, betting on the industry’s growth in a country facing a liquidity crunch and weak domestic savings.

Our Partners:   NewsDay   The Independent   TheStandard  MyClassifieds