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Discovery joint venture with the health insurance unit of China's Ping An

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Uploaded by on Aug 24, 2010

(www.abndigital.com)
South African health insurer Discovery will pay 29 million dollars for a 20 percent stake in a joint venture with the health insurance unit of China's Ping An. The signing ceremony between the two companies took place today against the backdrop of South African President Jacob Zuma's state visit to China. The president was accompanied by more than 320 business delegates. Alishia Seckam spoke to Adrian Gore about the deal as well as the sentiment on the ground as South Africa tries to strengthen ties with China.

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