Sanlam looks at buying assets in Africa, UK, India

JOHANNESBURG - With nearly R3bn in the kitty, Sanlam CEO Johan van Zyl says he is prepared to write the cheque if an attractive acquisition opportunity presents itself.

Speaking at the insurer's half-year results presentation on Friday, van Zyl tempered his worry about a slow recovery in SA and Africa with a promise to shareholders that the group would continue to seek out opportunities to grow.

van Zyl said despite the tough economic environment in SA and slow recovery in Africa, Sanlam would not ease up on its efforts to grow the business, pointing out that the group's excess cash should find a suitable home.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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