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
DIS must correct costly stalemate

More than P8.1 million has already been spent, yet there appears to be no lasting solution in sight. This is not simply a dispute between the DIS and a group of officers. It is a matter of public accountability. Every pula spent by government comes from taxpayers who expect public funds to be used wisely and responsibly, especially during economic hardships faced by many.The officers exercised their constitutional right to seek justice through...

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