Business Day

GETTING IT RIGHT

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The headline “Absa to sell off its insurance business”, which accompanie­d the story on Wednesday about Absa selling its commercial and industrial lines shortterm insurance brokerage business to PSG Konsult, is incorrect and gives the impression the bank is selling off its entire insurance business. In fact, the sale only involves the commercial and industrial part of the insurance brokerage business. We regret the error.

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