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Absa, South Africa’s leading retail bank by customer numbers, has supported Finance Minister Pravin Gordhan’s establishment of a provident fund for domestic and farm workers as this will help protect vulnerable workers. The labour department aims to estab
Zurich is pleased to announce the appointment of Edwyn O’Neill to the position of CEO Southern Africa, subject to regulatory approval. He joins Zurich as CEO Designate on 1 May and will assume the CEO role on 21 May. Mr O’Neill succeeds Guy Munnoch who, a
The Liberty group delivered strong financial and operational performance in 2011 and saw its strategy of strengthening its key operating units reaping rewards.
¬ Weighted average return on shareholders’ funds of 25% ¬ Net underwriting margin of 7.7% and net insurance margin of 10.4% ¬ Growth of 12% in gross written premiums ¬ Group solvency ratio at 48% ¬ Headline earnings per share of 1 216 cent
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