AIMZ joins the Pan African Fund Managers Association (PAFMA)

Staff Writer

The Association of Investment Managers of Zimbabwe (AIMZ) has joined the membership of the Pan African Fund Managers Association (PAFMA), an esteemed trade association dedicated to enhancing climate finance across the African continent.

Since its landmark introduction at the Africa Climate Summit in 2023, PAFMA has rapidly grown, now boasting nine members representing 16 African

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ZB Financial Holdings insurance units profitable in 2023

Staff Writer

ZB Financial Holdings (ZBHF) says insurance service result for the year to December 31, 2023 fell by 486 percent from a deficit of $26,127 billion in 2022 to a deficit of $153,235 billion in 2023.

This was largely as a result of an increase of 327 percent in insurance service expenses to $377,642 billion from $88,407 billion in 2022.

The group in its financials said its insurance units

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