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Sanlam yet to finalise Niko Tanzania deal

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Malawi stock exchangeSanlam Emerging Markets (Proprietary) Limited, a South African-based life insurer, is yet to finalise the acquisition of 49 percent stake in Nico Holdings Limited’s general insurance subsidiaries, Niko Insurance Tanzania. The deal is “still awaiting fulfillment of a remaining condition precedent”, according to the Malawi Stock Exchange (MSE)—listed financial services group’s company secretary Emily Makuta, [&hellip

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