FBC still keen on Mauritius Re

Staff Writer

HARARE, FBC Holdings says plans to set-up reinsurance unit in Mauritius remains on course. The unit will be 100% owned by FBC Reinsurance Ltd.

Chief executive officer John Mushayavanhu at the company’s announcement of its 2019 half year results, said the group has now obtained the required approvals.

With Zimbabwe currently faced with foreign currency shortages,