TA Holdings surviving thanks to its insurance activities

TA Holdings has managed to limit its losses in the industrial sector thanks to its satisfactory results in insurance. Among the group’s companies, Botswana Insurance has reported a pre-tax profit of 4.2 million USD. Zimnat Life has also managed to come out with a positive result of 432 000 USD. In contrast, Zimnat Lion has posted 851 000 USD of pre-tax losses, while Grande Re and Life Company Lion of Uganda are slightly in the red.