Botswana Insurance Holdings Ltd 2016 Integrated Report
The report highlights Botswana Insurance Holdings Limited's (BIHL) performance and strategic progress for the fiscal year 2016. Despite challenging local economic conditions and mine closures, the Group achieved an operating profit of P333 million and grew its assets under management by 24% to P25.9 billion. Key strategic milestones included acquiring a 50% indirect stake in Botswana Insurance Company (BIC) and increasing its shareholding in Letshego Holdings to 26.28%. Additionally, the BIHL Trust developed a new five-year strategy (2017-2021) focusing on youth development, education, and social upliftment, including building houses for less fortunate families.
Company: Botswana Insurance Holdings Ltd
Sector: Finance & insurance
Country: Botswana
Year: 2016
Type: Integrated Report
Pages: 214
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Botswana Insurance Holdings Ltd
Integrated Annual Report
The report highlights Botswana Insurance Holdings Limited's (BIHL) performance and strategic progress for the fiscal year 2016. Despite challenging local economic conditions and mine closures, the Group achieved an operating profit of P333 million and grew its assets under management by 24% to P25.9 billion. Key strategic milestones included acquiring a 50% indirect stake in Botswana Insurance Company (BIC) and increasing its shareholding in Letshego Holdings to 26.28%. Additionally, the BIHL Trust developed a new five-year strategy (2017-2021) focusing on youth development, education, and social upliftment, including building houses for less fortunate families.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Mar 3, 2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees