Mmegi

Pan African broker acquires Marsh Botswana, Uganda

Eyeing growth: Canuel
Eyeing growth: Canuel

OLEA, a pan African insurance broker, has reached an agreement to acquire Marsh Botswana and Marsh Uganda, subject to regulatory approvals.

Both Marsh Botswana and Marsh Uganda are part of Marsh McLennan, the world’s leading insurance and risk group.

In a statement, OLEA said the acquisition follows the two companies’ successful collaboration over the last five years and further enhances OLEA’s footprint in the African market.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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