BPOPF moves to acquire Bramer Life
Friday, June 05, 2015
Information gathered by BusinessWeek reveals that negotiations are at an advanced stage for new investors to takeover Bramer Life after the insurance business, currently under statutory management, was shaken by a financial scandal at its Mauritian parent company.
The Non-Banking Financial Institution Regulatory Authority (NBIFRA) placed the insurance company under statutory management in April after its majority shareholder BAI Co was accused of being involved in a ‘Ponzi Scheme’.
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...