AfrAsia Bank Zimbabwe Limited in liquidation pays $2.95 mln to insured preferred creditors
Insurance24
HARARE, Defunct AfrAsia Bank Zimbabwe Limited has to date paid its preferred creditors $2.95 mln through two interim dividend payments and anticipate a third dividend payment during Q1 2018.
The Reserve Bank of Zimbabwe cancelled AfrAsia Bank Zimbabwe Limited (formerly Kingdom Bank)’s licence in
Sanlam posts solid performance in ten months to October 2017
The Sanlam Group announced a solid operational performance for the 10 months to 31 October2016, with total new business volumes of R195 billion, up 11 per cent on the first 10 months of the 2015 financial year.
Sanlam Personal Finance achieved 3 per cent growth in new business sales, with pressure on discretionary single premium savings