Citizens buy majority stake in First Sun

Kgatlwane
Kgatlwane

Insurance firm, First Sun Alliance (FSA) hopes that its recent inclusion of citizen shareholders to acquire a majority stake will help drive the firm’s strategic plan through citizen empowerment.

The firm, which prides itself on being an ‘all-risk insurance provider’, announced on Tuesday that it has enlisted new citizen shareholders; Tiny Kgatlwane, Tebatso Lekalake, Keneilwe Mere and Kgaotsang Matthews, to acquire a majority stake of 51 percent in First Sun Alliance.

FSA managing director, Paul Chitate told Mmegi Business that the inclusion will put the company on a more competitive edge through citizen empowerment and joining up with qualified people in a high level.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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