Santam's misfortunes, from the catastrophic flooding in KwaZulu Natal to fire-related events have spilt over to the financial performance of its parent company, Sanlam.
MONEYWEB
app instead?
Despite the blast in Beirut hurting its performance.
By Moneyweb
3 May 2021 15:34
Insurance group Sanlam has increased its stake in Moroccoâs Saham to about 85%.
This happened despite the Casablanca-based group’s Lebanon business being written down to zero following the massive explosion in Beirut last August.
INSIDERGOLD
Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process.
SIGN UP
To view all features and options, click here.
A monthly subscription is charged pro rata, based on the day of purchase. This is non-refundable and includes a R5 once-off sign-up fee.