Insurance companies in South Africa are fixing potholes, sponsoring fire brigades and directing traffic in an attempt to lower payouts and lure new clients
JOHANNESBURG— as the country’s government increasingly struggles to provide vital public services.
amid the coronavirus pandemic have eroded the finances of South Africa’s municipalities and state-owned companies that are responsible for repairing infrastructure and providing essential services. With their unusual activities, South African insurers are joining other private companies in taking over public services, such as security, healthcare, education and mail delivery, in a country that the World Bank ranks as the most unequal on earth.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa’s Department of Water & Sanitation Issues An EOI For Renewable Energy Plants - CleanTechnicaSouth Africa’s DWS is looking into augmenting its energy supplies with distributed renewable energy systems at selected water works and associated infrastructure around the country.
Read more »
‘DAM’: Showmax Thriller Has Shades Of ‘Rosemary’s Baby’ & Is Helming South Africa’s Production RevolutionWelcome to Global Breakouts, Deadline’s fortnightly strand in which we shine a spotlight on the TV shows and films killing it in their local territories. The industry is as globalized as it’s ever …
Read more »
South Africa fights to keep phone networks up as lights go outOn a recent Friday morning north of Johannesburg, the head of South Africa's largest telecoms company surveyed the arsenal of backup systems keeping just one of his 15,000 network towers online amid the worst power cuts on record.
Read more »
Federal judge ruling makes it so insurers don't have to cover some preventive care servicesThis includes screenings for cancer, diabetes and mental health
Read more »
Exclusive: German insurers renew cover for blast-damaged Nord Stream gas linkGerman insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources with knowledge of the matter said, indicating that its revival has not been ruled out after an alleged sabotage attack.
Read more »
Ruptured Nord Stream gas pipeline gets backing from German insurersGerman insurers are backing the damaged Nord Stream gas pipeline despite their country severing energy ties with Russia
Read more »