Hollard Namibia, recently opened a subsidiary in Zambia as part of efforts to increase its foothold in the SADC region. Hollard Namibia, which boasts of a 19% market share in short term insurance in Namibia, invested over US$1 million for the Zambian operation after obtaining a licence in April. The Zambian subsidiary will specialise in short term insurance. More detail via Namibia Economist.
Wednesday, 18 August 2010
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This is great news. This shows that SADC economic integration is going on well. It also shows that Zambia is a good investment destination.
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