Investors pump N$35m into new insurance company

Shareholders of new short-term insurance company, King Price, have pumped in N$35 million as start-up capital. Namibian shareholders own a combined 26 percent stake in King Price, while the rest of the shares are owned by Munich Re and the Mertech Group, whose owner, Francois van Niekerk, co-founded the Atterbury Property Group.


The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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