Insurance penetration at less than 1%

There is ample potential for the short term insurance business to grow in Botswana as less than one percent of the population is covered.

According to chief executive officer of Old Mutual Botswana, Jack Bekker the low insurance penetration in Botswana and Africa as a continent provides significant opportunities for the industry.

“There is great potential for growth on the African continent, given the low insurance penetration and the expected increase in middle class households.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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