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Old Mutual Zimbabwe

Old Mutual defies economic headwinds

By Phillimon Mhlanga Despite a challenging operating environment characterised by a deepening liquidity crunch, which has eroded confidence in the financial services sector, the country’s integrated financial services group, Old Mutual…

Old Mutual records $92m profit

By Ndakaziva Majaka Intergrated financial services group, Old Mutual Zimbabwe (OMZ), has recorded $92 million profit in the full year to December 2016 compared to $13,3 million registered in prior comparable period. “This performance was…

Africom hits hard times

Data services company Africom Holdings (Africom) continues on a downward spiral, as some of its movable assets were auctioned in Harare on Thursday for failure to meet certain unspecified obligations to Europe-based Skyvision Global Network…

Old Mutual Zim posts $13m profit

Old Mutual Zimbabwe (OMZ) posted a $13,3 million profit for the year to December 31, 2015 from $10,9 million on the back of a strong performance by the group’s life business. Old Mutual Zimbabwe managing director, Jonas Mushosho, told…

Zim must prioritise the economy: Old Mutual

Insurance giant Old Mutual says Zimbabwe must put the economy at the top of the agenda and correct its deficiencies in the corruption index and ease of doing business rankings’ criteria for the country to achieve growth. “The Zimbabwean…