Khumo 2016 Policy Holders Smiling All The Way To The Bank

Bilkiss Moorad
Bilkiss Moorad

Leading insurance company, Botswana Life Insurance Limited (BLIL), says the Khumo 2016 investment policy has performed well, delivering a healthy annual return of 7.9% in 2015, outperforming other investment options. This despite persisting challenging economic conditions, particularly during the 2007-2008 global economic downturn, which affected financial markets worldwide and led to lower than expected returns.

“We are satisfied with the performance of Khumo 2016. Although Botswana

Life was not immune to the market volatility, I am satisfied that we weathered the storm and continued to meet our obligations to our valued customers through paying out claims on time. Investments are by nature unpredictable due to the volatility of market forces which are beyond our control. This is why returns are only ever projected and never guaranteed.” stated Chief Executive Officer Bilkiss Moorad.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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