Diversification pays dividends for BIHL
Friday, February 20, 2009
For the year ended December 31, 2008, the holding company for Bifm and Botswana life (BL) realised an operating surplus of P224 million while investment income grew by 24 percent due to an increase in interest income from unlisted investment and fixed deposits.
Value of new business for the group was at P98.9 million, a 21 percent increase from the previous year gained from improved retention and growth in the new business volumes.
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...