Old Mutual Zimbabwe fungibility suspension extended to 2022
Staff Writer
HARARE, The suspension Old Mutual Zimbabwe shares fungibility together with PPC has been extended by another year to 2022, as government is still considering findings of a probe it commissioned on the dual listed companies.
In a latest extra ordinary Government Gazette, Finance Minister Mthuli Ncube said the suspension will run
Waica Re Zim looks beyond traditional asset classes
Staff Reporter
HARARE, Waica Re Zimbabwe says it is now looking beyond traditional asset classes for investment and is now eyeing the funeral sector as a possible market, Insurance24 has learnt.
Currently, Waica Re is invested heavily in property which ranks first on its portfolio at 40% followed by Agriculture at 27% .
Waica RE CE Wilberforce
Private sector covid 19 vaccines procurement advanced
Staff Writer
CIMAS Medical Aid Society, which plays a role of health advisor and programme manager to the private sector COVID-19 vaccination programme says the move has reached advanced stage, hence members should confirm their orders.
In a member bulletin the Society’s Chief Executive Officer Vulindlela Ndlovu advised members to confirm
NMB Bank’s digital innovation disrupts banking landscape
HARARE, NMB Bank has launched a Virtual Branch on their digital platforms, enabling customers to carry out all cash transactions online, including paperless multi-currency cash deposits and withdrawals, Dstv and Zimra cash payments, in a move set to disrupt the country’s banking landscape.
The enhanced NMBConnect platform also allows anyone
Intelligent automation providing fresh opportunities for customer-centricity in insurance
By Staff Reporter
HARARE, The global intelligent process automation (IA) market is expected to
Minerva implores clients to adhere to lockdown regulations to avoid claims disputes
Staff Writer
HARARE, Minerva Risk Solutions has implored its clients to adhere to lockdown regulations, in particular curfew hours, to avoid possibility of disputes with insurers in the unfortunate event of an accident occurring outside curfew hours.
Sisami Wadi, the general manager, said although the insurance contracts
Old Mutual ZSE Top Ten ETF now on ZSE Direct
Staff Writer
HARARE, The Old Mutual ZSE Top Ten ETF is now available through ZSE Direct, the Zimbabwe Stock Exchange Limited, has said.
The platform – ZSE Direct – has a user-friendly interface; whose main advantage is its ability to match trades.
Old Mutual Limited sales shows signs of resilience
Staff reporter
HARARE, Old Mutual Limited says operating conditions across its businesses have remained challenging during the second half of 2020 although its volume related key performance indicators (KPIs) have shown recovery, demonstrating the resilience of the franchise.
In a preliminary trading update for the year ended 31 December 2020, OML
Partnerships open powerful opportunities for positive change: Old Mutual
Staff Reporter
HARARE, OLD Mutual Group has honoured partners who have worked with it to positively impact the lives of stakeholders, customers and communities across the continent.
The positive power of partnerships was celebrated at the second annual Old Mutual Partnership Awards ceremony held recently.
The Partnership Awards
FMHL says new partner to enhance group’s growth prospects
Staff Reporter
FIRST Mutual Holdings (FMHL) says the new strategic partner that biggest shareholder NSSA, intends to bring will enhance the group’s growth prospects.
This comes as NSSA has announced its intention to reduce its stake in First Mutual Holdings Limited (“FMHL”) from the current 66.22% to 35% through offloading up to 31.22%