Liberty reports H1 profit increase as turnaround bears fruit

PUBLISHED: Thu, 02 Aug 2018 10:42:49 GMT

South African insurer Liberty Holdings has reported a 6 per cent rise in half-year profit. Liberty, a unit of lender Standard Bank, is in the middle of a financial recovery plan headed by Chief Executive, David Munro that focuses on higher-margin products and slower offshore expansion. He joins CNBC Africa for more.