Investment income boosts Indequity’s profits by a quarter
20 November 2019 - 08:14
Specialist insurer Indequity says it is upping its investments in the US to hedge against a weaker rand, even as investments helped boost its profits by more than a quarter in its year to end-September.
The group invested a further R7.5m in its US subsidiary during its financial year, as it continues deploy additional cash internationally to hedge against a weaker rand...
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