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Old Mutual Zimbabwe

Old Mutual records $66m profit

Old Mutual Zimbabwe (Old Mutual) says its profit after tax declined by 35 percent to $66 million for the half year to June 30, 2018 from $101,8 million achieved during the same period last year due to the impact of lower fair value gains on…
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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…
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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…
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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…
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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,…
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