EcoSure records 51% growth in transaction volumes

Staff writer

HARARE, Econet Wireless says its life insurance business, EcoSure, recorded a 51% growth in transaction volumes compared to the same period last year as it continues to offer digital bundled products for a wider customer reach.

In its trading update for the 3rd quarter 2023, the firm said the short-term insurance business, Moovah continued to grow its portfolio driven largely by new

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ZSE terminates Old Mutual Top Ten Exchange Traded Fund (ETF) listing

Staff Writer

Harare, The Zimbabwe Stock Exchange (ZSE) has notified the investing public of the voluntary termination of the listing of the Old Mutual Top Ten Exchange Traded Fund, effective 17 January 2025.

The unitholders of the Old Mutual Top Ten Exchange Traded Fund met on 12 December 2024 and resolved to voluntarily terminate the Exchange Traded Fund’s listing on the ZSE under Section 11

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Agriculture, infrastructure, and energy projects dominate prescribed asset instruments

Staff writer

Harare, Projects in agriculture, infrastructure, agriculture and energy dominate the list of investments that were granted Prescribed Asset Status in the nine-month period to September 30, 2024.

At law, pension funds and insurance firms are required to invest at least 20% of their investment portfolio in prescribed assets to make the projects attractive, but the sector has been struggling

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