AfroCentric mulls Sanlam offer

AfroCentric is mulling an offer from Sanlam. The financial services group, that is already invested in one of AfroCentric's subsidiaries has offered to acquire a controlling stake in the firm. Sanlam is offering R6 per share, and shareholders have an option to choose between cash or receiving Sanlam shares. Business Day TV spoke to AfrocCentric's CEO, Ahmed Banderker for more insight.