Zimre Holdings exits “for sale” NicozDiamond Insurance

HARARE, Diversified insurer, Zimre Holdings Limited is negotiating sale of its shareholding in short term insurer NicozDiamond as the group seek to divest from the ensuing acquisition of a majority stake in Nicoz by First Mutual Holdings limited.

ZHL holds 30.03% in NicozDiamond with the National Social Security Authority (NSSA) currently