Doug Lacey

South Africa’s Sanlam Offloads Shares In Enterprise Group

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Enterprise Group Limited (Enterprise Group) has informed the Ghana Stock Exchange that South Africa’s largest insurer Sanlam Ltd has sold its US$ 130 million stake in the company. Sanlam Emerging Markets Proprietary Limited, a subsidiary of the Sanlam Group, acquired the 40 percent stake in Enterprise Insurance in 2014. Enterprise Group has also announced a … Read more

LeapFrog Acquires Minority Stake In Enterprise Group

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Black Star Holding Limited (BSHL), a wholly owned subsidiary of LeapFrog Strategic African Investment (LSAI), has acquired the minority shareholder in three subsidiaries of Enterprise Group. The three subsidiaries are Enterprise Life, Enterprise Insurance and Enterprise Trustees. BSHL takes over the ownership which hitherto belonged to Sanlam Emerging Market Proprietary Limited of South Africa (Sanlam). Per … Read more