Old Mutual ETF now highest dematerialized counter

Old Mutual ETF now highest dematerialized counter

Staff Reporter

HARARE,

THE Old Mutual Zimbabwe Stock Exchange Top Ten Index Exchange Traded Fund (ETF) that was listed on the local bourse in January 2021, is now the highest dematerialized counter at 100 percent.

Chengetedzai Depository Company (CDC), in a Central Securities Depository (CSD) update for February 2021, said the average dematerialization

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Old Mutual Zimbabwe fungibility suspension extended to 2022

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

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 Waica Re Zim looks beyond traditional asset classes

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

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Private sector covid 19 vaccines procurement advanced

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

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NMB Bank’s digital innovation disrupts banking landscape

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

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Minerva implores clients to adhere to lockdown regulations to avoid claims disputes

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

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Old Mutual Limited sales shows signs of resilience

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

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Partnerships open powerful opportunities for positive change: Old Mutual

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

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