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IFC, a member of the World Bank Group, agreed today to make an equity investment of up to ZAR 170 million in Assupol Holdings Limited, which is the holding company of Assupol Life Limited. Assupol Life Limited, formerly a mutual society, converted into a
Many of Africa’s economies have been booming over the past few years, as money is pumped into infrastructure development, mining and other growth sectors. Combined with the stagnation in the US and Europe over the same time period, this has created a dist
MMI Holdings announced today its intention to acquire a 100% stake in Momentum Short-term Insurance. The boards of MMI Holdings and OUTsurance Holdings have given their approval for the transaction to go ahead. The transaction will be subject to regulator
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