Botswana Life on track for healthy profits
Friday, July 30, 2010
For the financial year ended December 2009, Botswana Life Insurance Limited (BLIL) recorded a record-breaking net premium income increase to the P1.3 billion, largely avoiding aside the ill winds of the global recession.
BLIL, the country's largest insurance company with about 300, 000 clients, rode the crest of the wave created by uninsured clients' need to obtain cover against the various risks exposed by the recession. In addition, the recession saw clients migrate to larger and more established insurance companies as a way of minimising risk.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...