Staff Writer

Old Mutual Zimbabwe launched its nationwide #WinterWarmer Campaign, a compassionate initiative designed to support the country’s most vulnerable communities during the harsh winter season.

Staff Writer

OLD Mutual Insurance Company says its aggressive drive to expand market reach and roll out innovative products underpinned double-digit revenue growth for the year ended December 31, 2024.

Gross premium written (GPW) rose 10% to ZiG1,137 billion from ZiG1,040 billion in 2023, buoyed by new business acquisition and a strong retail portfolio, which grew to contribute 40% of GPW compared

Staff Writer

The Zimbabwe Stock Exchange Holdings (ZSEH) has self-listed on its Main Board by way of introduction, and trading of its securities will commence on July 11, 2025.

Chief executive Justin Bgoni said the listing is part of the ZSE’s transformational journey, which began in 2020 and is now coming to a close with the accomplishment of ZSE Holdings’ self-listing on the ZSE.

He said

Staff Writer

First Mutual Holdings (FMHL) consolidated Insurance Contract Revenue (“ICR”) for the period ended 31 March 2025 was $41.7 million, reflecting a 17% increase compared to the prior year.

The group in a trading update said the growth was driven by sustained customer confidence in the Group’s insurance offerings.

Absolute foreign currency (USD, BWP and MZN) constituted 82% of the Group’s

POSB Continues Sponsorship Of The Capital Markets High School Quit

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Harare: The People’s Own Savings Bank (POSB) has reaffirmed its commitment to youth empowerment and financial literacy by continuing its sponsorship of the 2025 Capital Markets High Schools Quiz Competition, which officially kicked off on Thursday.

This year’s competition holds special significance as it coincides with

HARARE: OLD Mutual Zimbabwe’s decision to sponsor the 4th edition of the Capital Markets High School Quiz Competition underscores its critical importance in cultivating future generations of informed investors and financially literate citizens, the company has said in a statement to this publication.

This commitment directly aligns with the company’s long-term vision

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First Mutual Holdings Limited (FMHL) says it has been granted approval by the ZSE for a further extension of the deadline for the publication of the audited financial statements for the year ended 31 December 2024.

The group said the delay in publication has arisen as the company is currently working with its auditors to finalise outstanding audit opinions for the financial years 2021

Credit Insurance: Zimbabwe’s Unsung Hero for Business Growth

In the bustling world of Zimbabwean commerce, where businesses constantly navigate economic shifts, a lesser-known but incredibly vital financial fool stands ready to offer a crucial safety net: Credit Insurance, While many are familiar with car or home insurance, credit insurance operates quietly in the background, a powerful guardian

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Old Mutual Limited (OML), incorporated in South Africa says it ceased to apply hyperinflation accounting for Zimbabwe for FY2024 following the change in functional currency from ZiG to the US dollar.

Consequently, the group expect reduced transfers to the foreign currency translation reserve in the future.

In a voluntary operating update for the quarter ended March 31, 2025, the group