Insurance industry 'nears saturation
Friday, November 21, 2014
Nganunu
Botswana hosted the Organisation of East and Southern Africa Insurers (OESAI) conference in Gaborone this week.
In an interview with BusinessWeek Chairman of OESAI Botswana Organising Committee, Dziki Nganunu said the insurance companies in Botswana need to look for markets outside Botswana.
Smash-and-grab incidents became common at traffic lights, Automatic Teller Machine (ATM) bombings made headlines too often, cash-in-transit robberies terrified security personnel, while home invasions left families traumatised in the very places they were supposed to feel safest. The situation had reached alarming levels and threatened not only the peace of ordinary citizens, but also the country’s reputation as one of the safest and most...