Business

Regent to buy Zambian insurance firm

Friday, May 08, 2015

Local insurance firm, Regent Life Botswana is set to acquire a Zambian life insurance company from Blue Financial Services (BFS).

The disposal by Blue comes as part of the restructuring process that was announced last month and it is expected to help the group divest from non-core investment despite BAS Zambia being the only long term insurance licence holder in the group.

The core business of Blue, which operates in 12 African countries, is microfinance. 

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The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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