UK insurer invests R100m in Cape call centre - SA

[dArKeR]

One of the United Kingdom's fastest-growing insurance companies, the Budget Group, has announced its decision to set up a call centre in Cape Town, in an investment valued at R100-million.

The Budget Group has strong and close ties with South Africa's Auto & General insurance company.

Unveiling the investment on Tuesday, Ebrahim Rasool, Western Cape provincial minister for finance and economic development, welcomed the move, saying there was "nothing sentimental" about Budget Group's decision.

"This was first and foremost a smart business decision, and it speaks volumes for the state of the call centre industry in Cape Town, which is capable of attracting such investors," he noted.

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