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
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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