Continental Re ties BSE listing to Botswana’s ambitions

Speaking at the group’s Evening of Appreciation in Gaborone last week, Group Managing Director Lawrence Nazare said the company’s decision to establish its holding company in Botswana reflected a commitment to deepen its roots in the country, where it has operated since 2014.

The event, attended by Vice President and Minister of Finance Ndaba Gaolathe, came as Continental Re’s public offer remained open to investors, following an extension of the closing date to October 9. The company is scheduled to list on the BSE on October 29, subject to the applicable listing requirements. If successful, it will become the first reinsurer listed on the local bourse.