Insurance

HARARE - Old Mutual Limited, a major African financial services group listed on different bourses including the Zimbabwe Stock Exchange, has disclosed significant challenges in its Zimbabwean operations, which have contributed to a decline…
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HARARE - Fidelity Life Assurance of Zimbabwe Limited's financial statements for the year ended December 31, 2024, have been met with a qualified opinion from independent auditors Grant Thornton, primarily due to a disagreement over the…
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The Competition and Tariff Commission (CTC) has delivered a major blow to CBZ Holdings Limited's (CBZHL) growth strategy, denying its request to acquire more shares in First Mutual Holdings Limited (FMHL) and maintain its initial approved…
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Zimbabwe-based Fidelity Life Assurance (FLA) has announced a 135% profit increase to US$5.2 million for the six months ending June 30, 2024, driven by growth in insurance contract revenue, low insurance service expenses, and fair value…
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The Zimbabwe Stock Exchange listed Old Mutual Limited reported a 3% increase in adjusted headline earnings for the six months ended June 30, 2024, driven by robust shareholder investment returns and improved performance in South African…
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BIRMINGHAM - Diaspora Insurance, a leading provider of innovative insurance solutions tailored for the diaspora community, is thrilled to announce a strategic partnership with the Zimbabwe Accountancy International (ZAI) which will bring…
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Harare - Old Mutual has announced that its upcoming interim results for the six months ended June 30, 2024, will exclude profits from its Zimbabwean operations due to the country's hyperinflationary economy and restrictions on accessing…
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A recent auditor's report has raised concerns about the financial statements of Vanguard Life Assurance Limited and Fidelity Life Assurance of Zimbabwe Limited, both of which are subsidiaries of Zimre Holdings Limited.
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Despite reporting positive growth in a difficult economic climate, Fidelity Life Assurance of Zimbabwe Limited (Fidelity Life) has shed light on the challenges surrounding the recently introduced Zimbabwe Gold (ZiG) currency.
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HARARE - The wait continues for minority shareholders in First Mutual Holdings Limited (FMHL) as CBZ Holdings Limited (CBZHL) seeks regulatory approval to acquire additional shares.
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