Pula Medical Aid snaps up Symphony
Friday, March 30, 2018
While Symphony’s remaining members approved the offer at a special general meeting recently, the deal is awaiting due diligence from regulators including the Competition Authority and the Non-Bank Financial Institutions Regulatory Authority (NBFIRA).
If successful, the deal would mean that the 368 remaining members of Symphony Health Medical Trust would transfer to Pula subject to terms and conditions. Initially, Symphony had about 900 members but many terminated their membership during the solvency storm that shrouded the medical aid outfit last year.
The chieftainship spats between Seretse and Khama’s uncles have purely degenerated into a permanent elephant in the room and it does not seem anyone cares to ensure this hurdle is dealt with promptly for the attainment of peace for GammaNgwato’s bogosi.Just as the proverbial, when two elephants fight, it is the grass that suffers aptly suggests, and so is the state of the institution of bogosi in GammaNgwato.Such is the case because the...