Hollard targets growth with P544m Regent takeover
Wednesday, January 25, 2017
Briefing the media this week on their merger with Regent Botswana Group, Frans Prinsloo said there is growth particularly in the individual life market and commercial short-term market which is boosted by growth in Botswana’s gross domestic product (GDP) this year.
“Botswana’s insurance industry is a highly competitive one, large when compared with most African markets, yet relatively small by international levels with insurance premiums only constituting three percent of the GDP,” he said.
The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...