In 2018, Sanlam, in its quest to become the largest pan-African insurer and also increase its footprint in Africa, bought 100% of Saham Group’s shares. This means that the South African insurance giant now has operations in 33 countries, including Ghana.
Ghana: To weather the storm, we aim at sustainability even if not profitable – Sanlam’s Porbley
Since July 2022 when Ghana announced its IMF programme, the economy has taken a nosedive and businesses across sectors have been severely impacted. Developing a new sustainable business model is the only way to stay afloat, says Mabel Porbley, the managing director for Sanlam General Insurance in an interview with The Africa Report.