mmegi

BIHL dominance requires 'enhanced supervision' – FSC

Monday, June 26, 2023 | 510 Views |

Flying high: BIHL has plans to use data and Artificial Intelligence to push its customer-centric, digitisation drive

The Financial Stability Council (FSC) says Botswana Insurance Holdings Limited’s (BIHL) dominant position in the local insurance market poses systemic risks to the sector and the situation needs to be managed through enhanced supervision.

BIHL is the country’s largest diversified financial services group, with its subsidiary, Botswana Life, enjoying a 71% market share and its asset management unit, Bifm, also the largest in its sector with assets under management last measured at P38 billion.

BIHL also has significant shareholding in other leading entities such as Letshego and Botswana Insurance Company.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

ZCC St.Engenas headquarters in Moria.PIC.PRESIDENCY OF SOUTH AFRICA

High Court orders ZCC Botswana to reunite

Laone Choeunyane | 8 m ago

Day 3: Search for Maun missing boy continues

Staff Writer | 21 m ago

Long 1,900km drive awaits netball teams

Calistus Kolantsho | 27 m ago

Ngada to pip seasoned campaigners for AFCON place?

Kabelo Boranabi | 44 m ago

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 1 h ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 1 h ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 1 h ago

Zebras to camp in Tunisia ahead of AFCON finals

Mqondisi Dube | 1 h ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More