ZHL still pursuing the elusive USD… in Botswana
ZIMRE Holdings says it is still pursuing the Emeritus International transaction to raise at least $10 million in Botswana to support regional operations.
This is part of the group’s restructuring exercise which commenced in 2016, where the group is targeting to raise a total $30 million through a phased approach.
“Further to the cautionary announcement
Clients of Allan Gray increases stake in Old Mutual Limited
Staff Reporter
HARARE, Old Mutual Limited says clients of Allan Gray now holds 10.0018% of the JSE listed total issued ordinary shares of the company.
In a notice to its shareholders, Old Mutual said the acquisition was done within the confines of the JSE Limited Listing Requirements, among other regulatory requirements.
“….. in accordance
Grace Muradzikwa: IPEC commissioner
Only 52,29% of insured funds administered active: IPEC
HARARE, OF the total 897 pension’s funds under administration, only 469 are active, representing 52,29% of the total insured funds administered.
According to the Insurance and Pensions Commission (Ipec) report for the quarter ended 31 March 2019, the high number of inactive funds was mainly due to some sponsoring