HARARE – Africa Reinsurance Corporation Limited (Afre) is poised to launch a rights issue to raise $8,631 million towards recapitalising the company and buttress itself from the impact of the liquidity crunch. SheilaLorimer, company secretary said the group’s capital raising initiative was taken after considering the state of the insurance sector and the need for…
To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions