First Mutual Life records investment loss
First Mutual Life Holdings Limited has recorded an investment loss amounting to $392,8 million in the full year ended December 31, 2019 due to a decrease in value of equities listed on the stock exchange.
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First Mutual Life Holdings Limited has recorded an investment loss amounting to $392,8 million in the full year ended December 31, 2019 due to a decrease in value of equities listed on the stock exchange.
Despite assurances by Finance Minister Patrick Chinamasa that Zimbabwe is open for business, a growing number of strategic people still see the ZANU PF government as resisting efforts to bring investment into the country.
The cost of political risk insurance in sub-Saharan Africa has not risen with upheaval in North Africa, suggesting investors are not overly worried about copycat uprisings, an industry expert said last Tuesday.
DAR ES SALAAM — Zimbabwe’s Prime Minister Morgan Tsvangirai said Thursday his country no longer posed a risk to investors and that the political crisis that destroyed the economy “no longer exists”. “The perceived risk on Zimbabwe does no longer exist… what country in Africa is risk-free?” Tsvangirai told reporters on the sidelines of the […]