Mmegi

Full operations swing into gear at WestLife Insurance

Optimistic: Ratlhaga
Optimistic: Ratlhaga

WestLife Insurance has officially returned to full operations following the lifting of Statutory Management by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) this week.

The exit follows an extensive restructuring process and the implementation of a strengthened governance framework, aimed at enhancing the company’s long-term sustainability and accountability.

A key component of the recovery has been a substantial capital injection of P20 million from shareholders, which has significantly bolstered WestLife’s financial standing and operational stability.

Editor's Comment
Makgekgenene played her part

“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...

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