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All Africa (Free subscription) | 08/04/2008
... the pre-listing forecasts by N$14 million.Chief Executive Officer of Blue Financial Services, Dave van Niekerk, attributed the growth to the establishment of operations in Namibia, Lesotho, and Malawi, as well as to new acquisitions and expansions of existing operations in Botswana and Zambia.
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guetali sadc (Free subscription) | 07/22/2008
BLUE Financial Services has invested E8 million in Swaziland to establish a branch and plans to invest a further E60 million in the next year to expand its operations in the country. Group CEO Dave van Niekerk said the E8 million was the company's initial capital outlay while they planned to spend at least E60 million in the next 12 months, adding that, however, he hoped they would be...
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All Africa (Free subscription) | 07/16/2008
... Africa, with Swaziland as the newest addition."A lot of Swazi people are overexposed to debt," CE Dave van Niekerk said. "There is a big opportunity to consolidate that. Hopefully we can refinance and restructure their debt."He also wanted Blue to play a part in the financial education of people in the region. "Not all credit is bad credit. Credit to improve a house or put kids through...