Staff Writer

Banking unit CABS says it is committed to playing its part in the economic development of the country and, as a financier, has provided working capital and capital expenditure loans to the productive sectors of the economy.

Managing Director Mehluli Mpofu, in a statement of financials for the year ended December 31, 2024, said CABS was active in the agriculture and mining sectors as well

Staff Writer

ZIMRE Holdings says group insurance revenue amounted to US$61.86 million in 2024 compared to US$50 million in the prior year, and the bulk of it came from reinsurance business, which accounted for 78 percent.

This was followed by life and pensions business at 18 per cent and short-term insurance at 4 percent.

Net investment income was US$12.62 million, while non-insurance income amounted