Chapter 1201

There are nearly 8 civil servants under the Federal Government of Southern Africa, accounting for about 200:1 of the total population.

The insurance premiums for civil servants vary. On average, each person has about 15 rand per year. However, it is impossible to transfer all of this part to Nyasaland Insurance Company at once. In the end, about 50 yuan will be transferred directly. The total premium Still less than [-].

Compared with the insurance premiums of public servants, corporate employees and various real estate and property insurance premiums are higher. A Lord's car worth [-] rand has an annual premium of about [-]. You can buy two civilian cars and buy People who can afford Lord cars don't care about the money. Rock doesn't know if he doesn't sell insurance. In the UK these days, third-party liability insurance has begun to appear, and the management of vehicles in southern Africa still needs to be strengthened.

The company under Roque's name had already reached an agreement with Nyasaland Insurance Company before the official opening of Nyasaland Insurance Company. The insurance business is all handed over to Nyasaland Insurance Company.

Du Dian is also very sensible. The account of Nyasaland Insurance Company is opened at Rand Bank. About 60.00% of the funds will be invested externally through Rand Bank and Nyasaland Company. The remaining part of Nyasaland Insurance Company To form your own investment department, you must not put all your eggs in one basket.

After the establishment of Nyasaland Insurance Company, Baocheng Group and Lloyds Insurance Company must be the most affected. Insidiously, Cheng Group began to lower premiums, increase insurance coverage, and viciously compete with Nyasaland Insurance Company.

It cannot be said that Baocheng Group is maliciously competing. After all, the methods of Nyasaland Insurance Company are disgraceful. Compared with commercial competition, administrative intervention seems to be worse.

Moreover, the Department of Defense's opening of an insurance company is a bad start. Although the federal government's financial situation has been relatively good in recent years, the amount of money given to each department is actually not enough.

Now that the Ministry of Defense is trying to increase revenue, other departments are also starting to move.

"Your Ministry of National Defense has opened a Pandora's box. The Ministry of Communications is discussing the establishment of a transportation company. The Ministry of Commerce wants to get involved in ocean trade. Even our Ministry of Justice has proposed the establishment of a security company. Unexpectedly, you dug yourself a big one. Pit." Henry laughed arrogantly when he saw Rock, and it was the first time in southern Africa that government departments dominated business.

The UK has always advocated a free market, emphasizing that the government does not intervene in the market. To put it bluntly, government agencies cannot compete with the people for profit.

When it comes to "competing for profit with the people", this point is too familiar to Roque. In fact, it is new wine in old bottles. The "people" here must not refer to ordinary citizens, but capitalists representing ordinary citizens. If Roque is Baocheng If he is the boss of the group and Lloyds Insurance Company, Rock will also talk about the free market, and will never allow the Ministry of Defense to establish Nyasaland Insurance Company to compete with the people for profit.

The current situation is different. Both Baocheng Group and Lloyds Insurance Company are British capitals, and they make a lot of profits from southern Africa every year. At this time, Roque led the establishment of Nyasaland Insurance Company to protect the interests of southern Africa and cooperate with them. People's struggle for profit are two different things.

The establishment of a security company by the Ministry of Justice is completely different from the establishment of Nyasaland Insurance by Roque. Southern Africa already has a private security company that can be said to be the largest and most powerful in the world. Henry also has a stake in the umbrella. Therefore, it is unrealistic for the Ministry of Justice to establish a security company, and Henry will not be able to pass here.

"Henry, if possible, I really don't mind the Ministry of Justice setting up a security company." Rock's answer surprised Henry, and he created a competitor for himself——

If you have self-confidence, you can't have self-confidence to this level.

"Since the establishment of the United States, an economic crisis has erupted on average every ten years. Have you ever thought about why this happened?" Rock didn't talk about Britain, but only talked about the United States, which was easier for Henry to accept.

"Because the Americans are too greedy, just like you." Henry was a bit in need of a beating, and the meaning behind these words was: My mother hasn't hit me for three days——

"You're right. Americans are too greedy, which leads to disorderly expansion of capital. Businessmen will only see that the goods produced by their factories are in short supply, so they blindly expand the scale of production, which leads to an imbalance between supply and demand in the market and triggers an economic crisis." Rock really didn't I like the free market model of Britain and the United States, although Rock himself is a vested interest in this model.

At the end of the development of the free market, capital kidnaps everything, the right to speak is in the hands of capitalists, politicians are the spokespersons of capitalists, and no one will consider national interests.

This is actually the case in southern Africa now, but Roque himself is the largest capitalist in southern Africa. If Roque is replaced by Stoudemire, then Stoudemire will definitely not consider these issues.

It would be good if Stoudemire can manage Rhodesia well, don't expect him to take into account the interests of the federal government.

The current southern Africa does not look like a lot of flowers, but in fact there is a raging fire behind it. The generation of Rock, Henry, and Stoudemire are not bad. They have not forgotten to take care of the federal government while making money. In 50 years, the generation of Rock, Henry, and Stoudemire will pass away, or they will take a back seat. So what will happen to southern Africa?

Rock himself couldn't guarantee it.

For the sake of the 1000 million Chinese in southern Africa, Roque will also stand in his lifetime to bring the economy of southern Africa back on a healthy track.

So what is health?

Just look at the performance of various countries in the U.S. pandemic, and you will know what kind of economic model is healthier.

Not to say which one is absolutely correct, but relatively healthy.

"What does this have to do with your establishment of Nyasaland Insurance Company?" Henry didn't discuss the macro level with Roque. Roque's own theory is actually full of loopholes. Roque was not an economist in his previous life, so don't expect the foreign trade dog to be very sophisticated. theoretical knowledge base.

"The relationship is big. Insurance companies not only sell insurance, but more importantly, foreign investment. The government of Nyasaland State is preparing to establish a financial market. Then you will find out the role of insurance companies." Rock finally decided to Finance started, not to challenge London's status as a global financial center, but to find a more convenient financial channel.

This is of course an external statement. Rock's real purpose is to improve the status of southern Africa.

In Southern Africa today, if capable companies want to raise funds, they still have to travel thousands of miles to London to go public. Let alone how much they can raise, few people in London can point out where Southern Africa is with a map. How many people can have confidence in enterprises in southern Africa?

If there is a financial market in southern Africa, it will be of great benefit to companies in southern Africa. Although the companies under Roque’s name are not short of money, there are many other companies that are short of money. They cannot all go public in London. Listed companies are also required.

"Nyasaland State Government wants to set up a financial market? Then you have to be careful." Henry finally became serious. We are all a family. It is normal to hurt each other in small things. Not only will it not lead to deterioration of the relationship, but it will also make the relationship between each other worse. The relationship is closer, and they still help each other in major matters.

"There are some things we don't fight for. Don't ever expect London to loosen our ties." Rock understood that no matter how good his relationship with Winston was, Winston would definitely lean towards the British Empire on such a major principle.

With the big gimmick of establishing a financial market, Nyasaland Insurance Company will immediately become insignificant. The competition of Baocheng Group will not affect the development of Nyasaland Insurance Company. With the endorsement of Rock and the Ministry of Defense, Nyasaland Insurance Company The insurance company made great strides, taking 60.00% of the insurance orders in Southern Africa within three months.

The remaining 40.00% will be in the pocket of Nyasaland Insurance Company sooner or later. It is only October, and many policies have not been executed. After this year is over, Baocheng Group and Lloyds Insurance Company are estimated to lose 90.00%. For the above business, it is almost time for Baocheng Group and Lloyds Insurance Company to withdraw from Southern Africa.

Seeing that the Ministry of National Defense is making a lot of money, other departments of the federal government are indeed greedy.

What Henry said is correct, not worrying about the shortage but unevenness. When all departments have no money, they can still live tightly. Seeing that the Ministry of National Defense is about to turn around, other departments are tempted.

Ade made another move, and all departments are strictly prohibited from doing business. The situation of the Ministry of National Defense is quite special, and other departments are strictly prohibited from following suit.

As the prime minister, Adelaide will not do things as casually as Roque. Even if the federal government wants to intervene in the economy, it must make a decision after careful consideration.

Adelaide wants to see the effect of Nyasaland Insurance Company, and then decide how to take the next step. This process is estimated to take three to five years. By then, Adelaide may still be in office.

This is the drawback of democratic politics. If it is someone else, most of them will push the boat along in order to win votes.

Adelaide is not like this. He is the founder of Southern Africa, and he is responsible for Southern Africa, not just a politician.

Of course, Ade did not let Roque go. The Ministry of National Defense took the lead in establishing an insurance company. Luo Erke did not report to Ade in advance, which made Ade very dissatisfied.

When Sidney Milner sent Roque away from the Prime Minister's Office, he secretly revealed to Roque that Nyasaland Insurance had moved some people's cheese, so Ade was under a lot of pressure during this time.

"Sidney, there is something I want to tell you, next year's election—" Rock couldn't say it, after all, Ade had the grace to know Rock.

"I understand Locke, and my uncle understands too. You don't have to make trouble. In fact, I also hope that uncle can take a rest. He is really tired." Sidney Milner expressed his understanding, and Adelaide would retire sooner or later.

(End of this chapter)

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