Last week, Econet’s Namibian partner, Trustco Group Holdings, revealed that by 31 March this year, 1.6 million Econet subscribers had registered for the Ecolife insurance service. That’s more than 30% of Econet’s total subscribers.
The information was made available at the announcement of Trustco financial results by Head of Corporate Strategy, Desnei Leaf-Camp. Here’s an extract of Leaf-Camp’s statement:
We just received information that Econet and Afre Corporation (formerly First Mutual Life Assurance Limited) will be announcing a new Life Insurance product to the press tomorrow. The new product is called EcoLife