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South Africa-based Liberty eyes Ghana's insurance market

August 12, 2014 - 6:00am

South Africa-based insurer Liberty Holdings Ltd. is in talks to acquire a undisclosed business in Ghana and hopes to establish a presence in the country in this year’s third quarter, BDlive reported.

"In Ghana, we are looking at insurance and asset management," said Liberty chief executive Thabo Dloti. Liberty Africa Insurance recorded a 56% increase in earnings to 28 million South African rand ($2.6 million) in the first half of 2014.

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