Old Mutual Board Chair Announces Life Insurance Plans
Monday, February 22, 2016
Sipho Showa
Speaking at the occasion to open Old Mutual Botswana’s headquarters at the Fairgrounds Park recently, Showa said they are only awaiting the authorities to issue them with the licence which could be any time soon. The insurance company, according to the chairman, has already moved ahead by putting the necessary structures in place to start the ball rolling as soon as the licence is out.
Turning to the new offices, Showa said they could only be reflective of the company’s statement of intent. Quoting from architect David Allan Coe who said, “ It is not the beauty of a building you should look at, it is the construction of the foundation that will stand the test of time, Showa emphasised that as Old Mutual Botswana, they seek to build a solid foundation of products and services that are responsive to the needs of the local market. Showa enthused, “ The American businessman Mortimer Zuckerman was correct when he said, “before you build a better mousetrap, it helps to know if there are any mice out there”. “Therefore as businesspeople we have to look deeply into things, plunge the depths, sound out all the information and work towards offering appropriate products and services”.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...